Major cryptocurrency mining company Argo Blockchain has won back compliance with Nasdaq Listing Rules, after fulfilling the minimum bid price required by Nasdaq. Argo receives notice of compliance In...
Tag: Argo
Bitcoin miner Argo regains compliance with Nasdaq minimum bid price rule
Amid bullish action on cryptocurrency markets, Bitcoin (BTC) mining firm Argo Blockchain has regained stock listing compliance with Nasdaq. Argo officially announced on Jan. 23 that the company regain...
Argo Blockchain Sells Mining Facility to Galaxy Digital to Stay Afloat
Argo Blockchain – one of the largest and most powerful digital currency mining enterprises in the world – has announced a new plan that will allow it to avoid bankruptcy and become another company tha...
Argo Blockchain’s BTC Production in December Crippled by a Winter Storm
The bitcoin mining giant – Argo Blockchain – mined 147 BTC in December, roughly 25% less than the production levels registered in November. The main reason for the decrease was a massive winter storm ...
Argo Blockchain’s Bitcoin Mining Margin Widens Most in at Least a Year
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Galaxy Digital pops day after Argo mining acquisition announcement
Galaxy Digital shares rose more than 13% a day after saying it would buy Argo Blockchain’s Helios mining facility. The company will pay $65 million for the facility and will also provide a...
Billionaire Mike Novogratz’s Galaxy Digital To Acquire Struggling Argo Blockchain’s Main Facility
Crypto investment firm Galaxy Digital is acquiring the main facility of Bitcoin (BTC) miner Argo Blockchain for $65 million. According to Argo, billionaire Mike Novogratz’s crypto investment firm is b...
Argo Blockchain Plc’s Share Surged, Find Why?
The stock price of United Kingdom-based Bitcoin miner Argo Blockchain PLC (LSE: ARB; NASDAQ: ARBK), spiked by more than 100% during U.K. trading hours on this Wednesday and closed up 73.33% on the Lon...
Argo Blockchain Closed its Previous Transactions with Galaxy Digital
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Argo Blockchain sells Texas mine to Galaxy Digital to avoid bankruptcy
Argo Blockchain, a top-tier mining company for cryptocurrencies, recently declared that it had reached an agreement with Galaxy Digital Holdings on a legally binding agreement that would benefit both ...
Galaxy Digital Bails Out Bitcoin Miner Argo Amid Bankruptcy Rumors
Bitcoin miner Argo Blockchain announced on Wednesday that it reached a deal with Galaxy Digital in an effort to avoid the threat of bankruptcy. Upon the agreement, Galaxy Digital will acquire Argo’s t...
Argo Blockchain stock spikes 102% as bankruptcy risk averted
Argo Blockchain (NASDAQ: ARBK) (LSE: ARB) shares today shot up by over 100% following the company securing a $100 million deal with Galaxy Digital. Argo was headed for bankruptcy as it published draft...
Bitcoin Miner Argo Blockchain Sells Texas Facility to Galaxy Digital for $65M
Bitcoin mining company Argo Blockchain announced it has entered into definitive agreements with Galaxy Digital Holdings that will see the miner sell its Helios facility in Dickens County, Texas. The d...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Coinotizia
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
Bitcoin Miner Argo Blockchain Sells Helios Facility to Galaxy Digital for $65 Million, Galaxy to Host Argo’s ASIC Fleet in Texas – Mining Bitcoin News
After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The foll...
Crypto Miner Argo Blockchain Temporarily Suspended from Trading On NASDAQ
Nasdaq suspends trading of Argo Blockchain’s American Depositary Shares (ADS) per a December 27 press release. Argo requested Nasdaq for the suspension because it is making an announcement on 28th and...
Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital
Bitcoin miner Argo Blockchain (ARBK) will avoid filing for bankruptcy protection after it agreed to sell its Helios mining facility in Dickens Country, Texas, to Galaxy Digital for $65 million. The mi...
Galaxy Digital injects $65 million into struggling bitcoin miner, Argo Blockchain
Argo Blockchain (ARBK), a bitcoin miner, will avoid filing for bankruptcy after deciding to sell Galaxy Digital (GLXY), the Helios mining plant in Dickens County, Texas, for $65 million. Galaxy Digita...
Argo Blockchain to avoid bankruptcy with $100m from Galaxy Digital
Argo Blockchain has negotiated a $100 million deal with Galaxy Digital which will help it avoid bankruptcy. The crypto mining firm’s share price has soared more than 102% following the announcement of...
Argo Blockchain shares jump 100%+ after Galaxy Digital deal
Argo Blockchain PLC (LON: ARB; NASDAQ: ARBK) shares more than doubled on Wednesday as news of the cryptocurrency mining giant’s deal with blockchain firm Galaxy Digital hit the market. As we highlight...
Argo shares soar following $65M sale of mining facility to Galaxy digital
Struggling Bitcoin (BTC) miner Argo Blockchain sold its Helios mining facility in Texas to Galaxy Digital for $65 million and also got a $35 million loan from the company as part of the deal, accordin...
Argo Blockchain Proceeds To Avoid Bankruptcy With $100 Million Bailout
The recent turmoil in the cryptocurrency market has sent severe shockwaves to the mining industry with low crypto values and rising energy costs, creating an unstable situation for several leading min...
Why Is Bitcoin Miner Argo Blockchain Suspending Trading On NASDAQ?
Argo Blockchain, a Bitcoin mining and technology company, has been making desperate attempts to parry the effects of high energy costs and falling BTC prices – both kryptonites to its business. In fac...
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Cryptocurrency mining firm Argo Blockchain has taken a difficult decision to sell its flagship mining facility Helios in order to survive the ongoing bear market. Argo Blockchain CEO Peter Wall offici...
Argo Blockchain Agrees to Sell Helios Facility to Galaxy Digital for $65M
One of the many struggling crypto mining companies – Argo Blockchain – will try to avoid bankruptcy by selling its Helios facility to Mike Novogratz’s Galaxy Digital. The deal will be worth $65 millio...
Galaxy to acquire Helios Bitcoin mining facility from Argo Blockchain
Galaxy Digital Holdings Ltd. (TSX: GLXY), a leading digital asset focused financial services and investment management firm, is poised to acquire the Helios facility from cryptocurrency mining giant A...
Argo Blockchain to sell Helios mining facility to Galaxy Digital
Bitcoin miner Argo Blockchain agreed to sell its Helios mining facility to Galaxy Digital for $65 million. The company has been trying to avoid bankruptcy as it struggles with cash flow issues ...
Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading – Mining Bitcoin News
Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The compa...
Bitcoin miner Argo Blockchain halts trading its shares on NASDAQ
Argo Blockchain, a publicly traded bitcoin miner, is planning to suspend trading of its shares on NASDAQ for some time, promising investors a big announcement in January. Bitcoin mining firm Argo has ...
Argo blockchain suspends trading on Nasdaq due to upcoming announcement
Bitcoin mining firm Argo blockchain has suspended trading of its American depositary shares (ADS) on Nasdaq, according to a Dec. 27 press release. The company said it needed to suspend trading because...
Argo Blockchain temporarily halts trading on NASDAQ
Argo blockchain, a bitcoin mining firm, has suspended trading of its American depositary shares (ADS) on NASDAQ due to an upcoming Wednesday morning announcement and the closure of the London Stock Ex...
Argo Blockchain Requests Temporary Suspension of Trading on NASDAQ
Bitcoin mining giant Argo Blockchain has requested trading of its shares and unsecured notes on the NASDAQ stock exchange be suspended until December 28th. The company, which trades on both the NASDAQ...