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 its debt to GALAXY DIGITAL, reducing its debt to approximately $14 million as of February 29. ARGO clarified that the remaining proceeds from the sale will be used to repay the outstanding mortgage loan on the Mirabel facility. Additionally, the company plans to relocate its miners from the Mirabel facility to the Baie Comeau facility in Quebec province.

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<p>News from TechFlow: Bitcoin miner Argo Blockchain has sold its Mirabel mine in Quebec for $6.1 million. Following the sale, Argo allocated $4 million to repay its debt to Galaxy Digital, reducing its debt to approximately $14 million as of February 29.</p>
<p>Argo clarified that the remaining proceeds from the sale will be used to repay the outstanding mortgage loan on the Mirabel Facility.</p>
<p>In addition, the company plans to relocate its miners from the Mirabel facility to the Baie Comeau facility in Quebec province.</p>
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ARGO BLOCKCHAIN sells Quebec MIRABEL mine to repay debt.