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 buying the mining facility known as Helios in Dickens Country, Texas, as well as providing the struggling company with a $35 million loan.