![Galaxy Digital injects $65 million into struggling bitcoin miner, Argo Blockchain](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
Argo Blockchain News
Latest Argo Blockchain News
![Bitcoin miner Argo Blockchain shares plunge 8% following production decrease](https://crypto.news/app/uploads/2024/01/crypto-news-X-Mining-could-reshape-Bitcoin-mining-via-staking04-880x525.webp)
News
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…
![Argo Blockchain shares plunge 8% following COO departure](https://crypto.news/app/uploads/2023/08/AI-driven-innovation-will-fuel-more-stable-crypto-markets-_-Opinion05-880x525.png)
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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,…
![Argo Blockchain appoints ex-CBOE digital leader as new CEO](https://crypto.news/app/uploads/2023/11/crypto-news-Argo-Blockchain-appoints-new-CEO04-880x525.webp)
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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.
![Argo records $18.8m net loss despite increased mining efforts](https://crypto.news/app/uploads/2023/07/crypto-news-cryptocurrency-mining-equipment-blurry-background-neon-color-cyberpu-880x525.jpg)
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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…
![Argo Blockchain PLC loses CEO after January report](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
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Argo Blockchain PLC announced that Peter Wall, the company's Chief Executive Officer, and Interim Chairman would resign after three years of service.
![Class action lawsuit alleges Argo Blockchain misled investors](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
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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,”…
![Argo Blockchain meets Nasdaq minimum bid requirement](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
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Major cryptocurrency mining company Argo Blockchain has won back compliance with Nasdaq Listing Rule.
![Argo Blockchain hit by 28% drop in mining revenue](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
News
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 stock spikes 102% as bankruptcy risk averted](https://crypto.news/app/uploads/2022/12/bitcoin_-_generic_4_720.jpg)
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.
![Galaxy Digital injects $65 million into struggling bitcoin miner, Argo Blockchain](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
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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 trading at London Stock Exchange resumes amid bankruptcy fears](https://crypto.news/app/uploads/2022/12/Argo-Blockchain-880x525.jpg)
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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.
![Argo Blockchain PLC Release Update on Strategy, Business, and Operations](https://crypto.news/app/uploads/2022/02/Crypto_mining-880x525.jpg)
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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…
![Bitcoin Miner Argo Blockchain Reports Selling 637 BTC to Reduce Loan](https://crypto.news/app/uploads/2022/02/Crypto_mining-880x525.jpg)
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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 to Commence Bitcoin Mining Facility in Texas Next Week](https://crypto.news/app/uploads/2022/02/Crypto_mining-880x525.jpg)
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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…
![Argo Signs Fleet Swap Agreement For Bitcoin Miners](https://crypto.news/app/uploads/2022/02/Crypto_mining-880x525.jpg)
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Leading crypto mining company Argo Blockchain plc, has reached a deal to exchange its existing Bitmain Antminer mining units hosted at Core Scientific. The partnership comes as Argo moves to equip its Helios mining facility in Texas after securing a…
![Public-Traded Crypto Mining Company Argo Blockchain Considering Secondary Listing on Nasdaq](https://crypto.news/app/uploads/2021/07/Crypto-Miner-Eyes-Nasdaq-Listing-880x525.jpg)
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UK-based major cryptocurrency mining firm, Argo Blockchain, revealed that it is looking at a potential secondary listing on Nasdaq. Argo Explores Nasdaq Listing The company made the announcement via Twitter on Tuesday (July 6, 2021), while giving its operational and…