Argo Blockchain News
Latest Argo Blockchain News
Argo Blockchain reported a 28% decline in Q3 revenue year-over-year, reflecting continued challenges in the crypto mining space. Bitcoin (BTC) mining firm Argo Blockchain reported wider losses for Q3, with quarterly revenue of $7.5 million, down from $10.4 million a…
BTC
Bitcoin
Crypto mining company, Argo Blockchain, sees its shares rise by 14% after Donald Trump was projected to win the 2024 United States Presidential Election. Based on data from the London Stock Exchange, Argo Blockchain’s stocks rose more than 14% to…
BTC
Bitcoin
Argo Blockchain’s shares plunged by 7.5% on Monday after the London-based mining company disclosed a 20% decrease in mined Bitcoin in January. As per the company’s January financial update, Argo Blockchain mined 124 BTC, representing a 20% decline in daily…
BTC
Bitcoin
Mining company Argo Blockchain has announced that its former interim CEO and COO Seif El-Bakly stepped down from his position to ‘pursue other opportunities.’ In an Operation Update report on Jan. 8, Argo Blockchain said that starting from Jan. 5,…
BTC
Bitcoin
Argo Blockchain, a key player in the Bitcoin mining industry, has appointed Thomas Chippas, a veteran in digital assets and financial services, as its new CEO and Director, signaling a strategic shift amid the company's recent challenges and market fluctuations.
Despite trimming debt and operational expenses, Argo Blockchain posted a net loss of over $18 million in H1 2023, records show. Argo Blockchain, a leading crypto mining company (LSE: ARB; NASDAQ: ARBK), has released its performance report for the first…
Argo Blockchain PLC announced that Peter Wall, the company's Chief Executive Officer, and Interim Chairman would resign after three years of service.
Investors of crypto mining firm Argo Blockchain have filed a class action lawsuit alleging that the miner misled them during its initial public offering (IPO) in 2021. The lawsuit, filed on Jan. 26, claims Argo’s offering documents were “negligently prepared,”…
Major cryptocurrency mining company Argo Blockchain has won back compliance with Nasdaq Listing Rule.
Argo Blockchain mined 25% less bitcoin than anticipated in December due to the firm's decision to curtail mining operations at Helios amid a Texas storm.
Argo Blockchain (NASDAQ: ARBK) (LSE: ARB) shares today shot up by over 100% following the company securing a $100 million deal with Galaxy Digital.
Argo Blockchain (ARBK), a bitcoin miner, will avoid filing for bankruptcy after deciding to sell Galaxy Digital (GLXY), the Helios mining plant in Dickens County, Texas, for $65 million.
Argo Blockchain plc, a cryptocurrency mining firm has announced that there will be the restoration of trading on the London stalk exchanges. This is due to the organization's risk of bankruptcy.
In a strategy update released this morning, Argo Blockchain [LON: ARB] has informed the market that the previously disclosed parameters of a non-binding agreement to fund £24 million will not be actualized. The Crypto Miner Searching for Alternative Funding Forms…
The Bitcoin mining firm Argo Blockchain PLC is the latest miner to disclose selling more Bitcoin in a month than it mined. The firm reported having an outstanding balance of $22 million on a loan from Galaxy Digital, from which…
Argo Blockchain’s efforts to establish a Bitcoin mining facility in West Texas appear to be nearing completion following an inauguration ceremony. By the end of 2022, the company aims to have a hash rate of 5.5 EH/s and anticipates that…