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...
Tag: Galaxy
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...
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 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 ...
NFT Creators Looking for Royalties Face an Uphill Battle: Galaxy
Thanks to widespread, emerging marketplace policies, NFT creators looking to cash in on royalties have been having a difficult go of it. Until yet another set of standards for corresponding smar...
Nigma Galaxy Signs Lucrative Sponsorship Deal With Abu Dhabi Real Estate Firm Aldar
Nigma Galaxy has a new sponsor. Credit: Nigma Galaxy Esports team Nigma Galaxy has announced a new multi-year sponsorship deal with Aldar, a real estate development company based in Abu Dhabi. The dea...
Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy
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Galaxy Digital Blocked by Judge from Immediately Acquiring Celsius Unit
Alex Dovbnya Mike Novogratz’s deal to buy Celsius’s GK8 has been paused by a bankruptcy judge Bankruptcy Judge Martin Glenn has decided to put off the sale of GK8 to Mike Novogratz’s Galax...
Galaxy Digital gets 60% off Celsius assets after crypto lender’s bankruptcy
Galaxy Digital, Mike Novogratz’s crypto-focused financial services firm, announced Friday that it had won an auction to purchase GK8 from insolvent cryptocurrency lender Celsius Network. Price lower t...
Mike Novogratz’s Galaxy Buys Dirt-Cheap Celsius Assets
Alex Dovbnya Galaxy Digital, Mike Novogratz’s cryptocurrency firm, has agreed to buy Israeli cybersecurity company GK8 for $44 million According to a recent court filing, Galaxy Digital, Mike Novograt...
Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon – Blockchain Bitcoin News
Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were...
Galaxy Digital to Acquire Israeli Custody Firm GK8 from Celsius Network
Amongst other things, GK8 will help solidify GalaxyOne, the bigger company’s trading platform. Cryptocurrency financial services firm, Galaxy Digital Holdings Ltd (TSE: GLXY) has been selected as the ...
Galaxy Wins Auction To Acquire GK8, Crypto Daily TV 5/12/2022
In Todays Headline TV CryptoDaily News: Galaxy Digital wins auction to buy GK8 from Celsius. Mike Novogratz’s cryptocurrency-focused financial-services firm Galaxy Digital has won an auction to ...
Novogratz’s Galaxy Digital to acquire Celsius’ GK8 in bankruptcy garage sale
Mike Novogratz-led investment firm Galaxy Digital Holdings has won the bidding to buy GK8, an institutional digital asset self-custody platform owned by Celsius Network — pending court approvals and c...
Celsius Network gets a break after Galaxy Digital purchases GK8
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Galaxy Digital Buyout of GK8 from “Bank Run” Celsius
Mike Novogratz’s firm Galaxy bought GK8 from Celsius. Back story of Celsius and the recent deal. Improvements at the GK8 after the Auction deal. Mike Played It Right Mike Novogratz founded crypto-cen...
Celsius Network finds some respite after Galaxy Digital acquires GK8
Galaxy Digital bought GK8 from bankrupt Celsuis Network Galaxy to expand its company in Tel Aviv after acquisition In a relief to Celsius creditors, New York-based crypto investment firm Galaxy Digita...
Galaxy Digital Holdings to buy popular custody platform GK8
Financial services and wealth management pioneer Galaxy Digital Holdings today announced plans to purchase GK8, a secure corporate virtual assets self-custody platform. Subject to court approval and o...
Galaxy Digital Wins Celsius Bankruptcy Auction to Acquire Crypto Custodian GK8
Mike Novogratz’s Galaxy Digital has won the bid to acquire GK8, a self-custody crypto firm. GK8 was first acquired by Celsius in November 2021 for $115 million. After Celsius filed for bankruptcy, the...
Mike Novogratz’s Galaxy Digital To Buy Assets Of Bankrupt Celsius
Galaxy Digital (GLXY), owned by Mike Novogratz, has won the auction to acquire the self-custody platform GK8 from the defunct cryptocurrency lender Celsius Network, the company announced on Friday. Ho...
Galaxy Digital Wins Bid To Acquire Bankrupt Celsius’ GK8 Platform
12 seconds ago | 2 mins read Defi News The details of the arrangement, however, were kept under wraps. The business acquired the assets for far less than the $115 million Celsius paid in 2021. This pa...
Galaxy Digital To Acquire Crypto Asset Self-Custody Platform GK8 From Collapsed Lender Celsius
Crypto asset management firm Galaxy Digital is preparing to acquire self-custody platform GK8 from Celsius, a digital asset lender that collapsed earlier this year. According to a new press release, G...
Mike Novogratz’s Galaxy Digital Will Acquire Celsius Owned Custody Platform GK8
Galaxy Digital has won the auction for GK8 – a crypto custody platform to be sold as part of bankruptcy proceedings for the insolvent crypto lender Celsius. Galaxy will utilize GK8’s custody solution...
Why Galaxy Purchased Assets Auctioned In Celsius’ Bankruptcy
Crypto lender Celsius Network is undergoing the auction of its assets as part of the bankruptcy proceedings. The company was affected by the collapse of the Terra (LUNA) ecosystem and hedge fund Three...