“Over the last few months, we have been looking for a way to continue mining through the bear market, reduce our debt load, and maintain access to the unique power grid in Texas,” Argo’s CEO Peter Wall told CoinDesk. “This deal with Galaxy achieves all of these goals, and it lets us live to fight another day,” he added.
OP, YGG Feeling Sell-Side Pressure as Unlocks Loom
DYDX also has a large unlock scheduled but is not experiencing the same pricing pressure. Source link