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Home Blockchain

Bitcoin Miner Argo Will Avoid Bankruptcy After Getting $100M Lifeline from Galaxy

by Press Release
December 28, 2022
in Blockchain
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Crypto Finance Firm Galaxy Digital to Cut One-Fifth of Workforce: Sources
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“Over the last few months, we have been looking for a way to continue mining through the bear market, reduce our debt load, and maintain access to the unique power grid in Texas,” Argo’s CEO Peter Wall told CoinDesk. “This deal with Galaxy achieves all of these goals, and it lets us live to fight another day,” he added.



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