
Argo's stock on the Nasdaq spiked by 18% on Monday

The Galaxy loan is secured by Argo's Antminers hosted at the Helios site

Argo, Stronghold, and Bit Digital reported larger realized hashrate decline in May than bitcoin's network average

Another colocation provider expands into proprietary bitcoin mining

It's not the first time mining stocks have lagged behind bitcoin’s return to ATH

Deal comes over a year after Argo sold flagship Helios site for $65 million