TechFlow news — Bitcoin miner Argo Blockchain has sold its Mirabel mining facility in Quebec for $6.1 million. Following the sale, Argo allocated $4 million to repay debt owed to Galaxy Digital, effectively reducing its outstanding debt to approximately $14 million as of February 29.
Argo clarified that the remaining proceeds from the sale were used to repay the outstanding mortgage on the Mirabel Facility.
In addition, the company plans to relocate miners from the Mirabel facility to its Baie-Comeau facility in Quebec.




