170 Galaxy Digital Holdings, a financial services and investment management company in the digital asset and cryptocurrency sectors, has agreed to acquire the Helios bitcoin mining facility from Argo Blockchain for around $65 million. The acquisition will allow Galaxy to expand its bitcoin mining operations and reduce its reliance on third-party hosting providers, as well as provide access to tax-efficient mining infrastructure. Argo Blockchain is selling the Helios facility to avoid bankruptcy. You Might Be Interested In Xoom Introduces PayPal USD as Funding Option for Cross-Border Money Transfers Rockwell Automation Recognizes APAC Partners at Annual Awards Ceremony Becamex IDC Surpasses Profit Targets, Achieves Record Highs in 2023 OCBC Announces Leadership Changes to Strengthen Greater China Coverage Microsoft Unveils AI-Powered PCs to Revitalize Stagnant Market and Enhance User Experience Despite $157B Berkshire Cash Reserves, Final Deal Falls Through for Charlie Munger and Warren Buffett