Galaxy Digital Invests $65M in Bitcoin Mining Infrastructure with Argo Partnership
Galaxy Digital has announced a strategic $65 million investment in Bitcoin mining infrastructure through a partnership with Argo Blockchain. This significant capital injection will fund the development of new mining facilities and enhance existing operations.The collaboration between Galaxy Digital and Argo represents a major commitment to expanding Bitcoin mining capacity. The $65 million investment will be allocated toward acquiring state-of-the-art mining hardware and building energy-efficient data centers.
This partnership demonstrates Galaxy Digital\“s confidence in the long-term viability of Bitcoin mining. The investment will help Argo scale their mining operations while maintaining competitive efficiency in the rapidly evolving cryptocurrency mining landscape.
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