Argo Blockchain To Sell Helios Mining Facility to Galaxy Digital

Argo Blockchain, a cryptocurrency mining company, has made the tough choice to sell Helios, its most significant mining operation, in order to navigate the current market crash. Argo CEO @PeterGWall has released a video to explain the rationale for selling the Helios facility to @galaxydigital – Reduces total debt by $41m– Improves liquidity– Simplifies operating structure– Allows us to continue mining Video: https://t.co/nGv6XK6iK2#ARB $ARBK #BTC — Argo (@ArgoBlockchain) December 28, 2022 Argo Blockchain Sell Helios to Galaxy Digital On December 28, Argo Blockchain CEO Peter Wall announced an agreement to sell the Helios infrastructure for $65 million to Mike Novogratz’s The post Argo Blockchain To Sell Helios Mining Facility to Galaxy Digital appeared first on Cryptoknowmics-Crypto News and Media Platform .