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Galaxy Digital Pops Day After Argo Mining Acquisition Announcement

Galaxy Digital shares rose more than 13% a day after saying it would buy Argo Blockchain's Helios mining facility.

The company will pay $65 million for the facility and will also provide a $35 million loan to Argo.

Other crypto-related stocks saw mixed performances, with Silvergate down 1.4% and Coinbase up 0.8%. Traditional markets rose, with the S&P 500 closing up 1.75% and the Nasdaq up 2.59%.

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