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Argo Blockchain shares surged 16% after the company signed a non-binding term sheet for up to $40 million in senior secured convertible loans. Argo Blockchain shares surged over 15% after securing a funding deal of up to $40 million in…
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Bitcoin
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Argo Blockchain’s interim CEO, Jim MacCallum, bought more than 70,000 of the company’s shares in an insider transaction. Jim MacCallum, Argo Blockchain‘s interim chief executive, purchased 75,000 of the company’s shares in the form of American Depositary Receipts — U.S.-traded…
BTC
Bitcoin
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Bitcoin miner Argo Blockchain announced a CEO departure and interim leadership changes. Argo Blockchain, the British dual-listed Bitcoin (BTC) mining company, has revealed that CEO Thomas Chippas will step down from his role and board position, effective Feb. 28. CFO…
BTC
Bitcoin
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Argo mined 39 BTC in November, generating $3.4 million in revenue despite a production drop from October. Bitcoin (BTC) mining firm Argo Blockchain has released its November production update, showcasing an increase in revenue despite a decline in Bitcoin mining.…
BTC
Bitcoin
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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
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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
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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
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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
News
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.
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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…
News
Argo Blockchain PLC announced that Peter Wall, the company's Chief Executive Officer, and Interim Chairman would resign after three years of service.
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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,”…
News
Major cryptocurrency mining company Argo Blockchain has won back compliance with Nasdaq Listing Rule.
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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.
News
Argo Blockchain (NASDAQ: ARBK) (LSE: ARB) shares today shot up by over 100% following the company securing a $100 million deal with Galaxy Digital.
News
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.
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