Argo Blockchain PLC

Argo Blockchain Plc operates as a blockchain technology company focused on large-scale mining of Bitcoin and other cryptocurrencies. It mines using purpose-built computers to solve cryptographic algorithms in the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. The company was founded in 2017 and is headquartered in London, the United Kingdom.

Earnings data Q3 2021

Earnings data Q4 2021

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Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) shares fell in Tuesday's early deals as they resumed trading, following concerns and miscommunication over the company's financial position. The company, in a statement, said that it inadvertently published a test page on the company's website which implied that the company was filing for Chapter 11 bankruptcy.

Argo Blockchain shares fall as trading restarts in London

Restoration of Trading on the London Stock Exchange LONDON, ENGLAND / ACCESSWIRE / December 12, 2022 / Argo Blockchain plc ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB)(Nasdaq:ARBK), makes the following announcement: The Company is at risk of having insufficient cash to support ongoing business operations within the next month. The Company is in advanced negotiations with a third party to sell certain assets and engage in an equipment financing transaction that the Company believes will strengthen its balance sheet and improve its liquidity.

Argo Blockchain PLC Announces Restoration of Trading on the LSE

November 2022 Operational Update LONDON, UK / ACCESSWIRE / December 9, 2022 / Argo Blockchain plc ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for November 2022. During the month of November, Argo mined 198 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 204 BTC in October 2022.

Argo Blockchain PLC Announces November Operational Update

NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Argo Blockchain plc, Inc. ("Argo" or the "Company") (NASDAQ: ARBK).  Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Argo Blockchain plc - ARBK

October Update LONDON, UK / ACCESSWIRE / October 31, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), provides the following announcement regarding certain strategic actions that were announced on 7 October 2022. As previously disclosed, the Company signed a non-binding LOI with a strategic investor to raise approximately £24 million ($27 million) via a subscription for ordinary shares.

Argo Blockchain PLC Announces Strategy/Company/Ops Update

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Examining 2022 To Date; And Looking Ahead

● Argo signs LOI to amend existing equipment financing agreement ● Argo plans to sell 3,400 mining machines for cash proceeds of £6.0 million ($6.8m) ● Argo intends to raise approximately £24 million ($27m) via Proposed Subscription with a strategic investor LONDON, UK / ACCESSWIRE / October 7, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce several strategic actions that are intended to bring in additional capital to the business and ensure that the Company has the working capital necessary to execute its current strategy and meet its obligations over the next twelve months. As previously reported on 9 September 2022, the Company has seen headwinds from the price of both natural gas and electricity caused by the geopolitical situation in Europe and low levels of natural gas storage in the United States.

Argo Blockchain PLC Announces Strategic Actions to Strengthen the Balance Sheet

Helios Hosting Agreement LONDON, UK / ACCESSWIRE / September 9, 2022 / Argo Blockchain PLC ("Argo" or "the Company") Strategic Hosting Agreement Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB); (NASDAQ:ARBK), is pleased to announce that it has entered into a strategic hosting services agreement (the "Hosting Agreement") with an undisclosed third party. As part of the Hosting Agreement, Argo will host and operate mining machines owned by the said third party at its Helios facility in Dickens County, Texas.

Argo Blockchain PLC Announces August 2022 Operational Update

Argo Blockchain plc went public in September 2021, raising approximately $113 million in gross proceeds in an IPO. The firm operates cryptocurrency mining computers in facilities based in North America.

Argo Blockchain Continues Buildout As Bitcoin Price Tumbles Under $20K

LONDON, UK / ACCESSWIRE / September 1, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company will participate in the following investor conferences in September 2022: ● H.C. Wainwright Global Investment Conference on Monday, 12 September 2022 ● BTIG 2nd Annual Digital Assets Conference on Monday, 19 September 2022 ● B.

Argo Blockchain PLC Announces September 2022 Investor Conference Participation

Argo Blockchain plc ("Argo" or "the Group") Interim Half Year Results 2022 LONDON, UK / ACCESSWIRE / August 24, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce its results for the six months to 30 June 2022. Financial Highlights ● Total number of Bitcoin and Bitcoin Equivalent ("BTC") mined during H1 2022 was 939, a 6% increase over the BTC mined in H1 2021 ● Revenues of £26.7 million ($32.5 million), a decrease of 14% from H1 2021, driven primarily by a decrease in Bitcoin price and an increase in the global hashrate and associated network difficulty level ● Adjusted EBITDA of £17.1 million ($20.9 million), a decrease of 28% from H1 2021 ● Mining margin of 71%, down from 81% in H1 2021.

Argo Blockchain PLC Announces Interim Half Year Results 2022

Notice of 2022 Interim Results and Investor Presentation LONDON, UK / ACCESSWIRE / August 23, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), announces that the Company's 2022 interim results will be released after the close of trading on Nasdaq on Wednesday, 24 August 2022. Argo will host a conference call to discuss its results at 08:00 ET / 13:00 BST on Thursday, 25 August 2022.

Argo Blockchain PLC Announces Notice of 2022 Interim Results

Publicly listed cryptocurrency mining company Argo Blockchain has released its first annual sustainability report covering the 2021 calendar year. The report shows that Argo remained climate positive in the year, all the while improving mining efficiency by 34%.

Argo Blockchain remained climate positive in 2021, new report shows

LONDON, UK / ACCESSWIRE / August 18, 2022 / Argo Blockchain PLC ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB); (NASDAQ:ARBK), is pleased to announce the release of its 2021 Sustainability Report and that the Company is maintaining its climate positive status. The report provides an overview of the Company's climate-related performance since its 2020 Climate Strategy Report was published in August 2021.

Argo Blockchain PLC Announces 2021 Sustainability Report

Argo Blockchain yielded 219 Bitcoins in July, making for a 22% month-on-month (MoM) increase, the dual-listed crypto mining company's latest operational update shows. Mining revenues for the month came to £3.89mln (US$4.73mln) but despite this being a 15% MoM increase, margins did fall from 50% to 37%.

Argo Blockchain increases mining revenues, brings mining rigs in-house

Grant of Options Operational Update LONDON, UK / ACCESSWIRE / August 5, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for July 2022. During the month of July, Argo mined 219 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 179 BTC in June 2022.

Argo Blockchain PLC Announces July 2022 Operational Update

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Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) stepped up the amount of bitcoin or equivalents mined in the past month as operations at its new Helios facility in Texas continued to gear up. During June, 179 bitcoin or equivalents (BTC) were mined, up from 124 BTC in May and 166 in April.

Argo Blockchain steps up bitcoin mining output, hires derivatives trader

LONDON, UK / ACCESSWIRE / July 7, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining, (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for June 2022. During the month of June, Argo mined 179 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 124 BTC in May 2022.

Argo Blockchain PLC Announces June 2022 Operational Update

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Publicly listed cryptocurrency mining companies continue to suffer heavy losses on the global exchanges, as Bitcoin struggles to stay above the US$20,000 support price. In the NASDAQ mid- and large-cap segment, Hut 8, Canaan, and Bitfarms (TSX-V:BITF) lost a median 68.3% of their stock prices in the second quarter, buoyed slightly by Canaan's comparatively modest 58.8% decline after a US$6.61mln share buyback.

Bitcoin miners face an uphill struggle in crypto bear market

LONDON, UK / ACCESSWIRE / June 27, 2022 / Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK), ("Argo" or the "Company"), a global leader in cryptocurrency mining, is pleased to confirm the arrangements for the previously announced Post AGM Q&A. Peter Wall, Chief Executive Officer and Interim Executive Chairman, and Alex Appleton, Chief Financial Officer, will provide the Post AGM Q&A via the Investor Meet Platform on 29 June 2022 at 4:00pm BST / 11:00am ET.

Argo Blockchain PLC Announces Q&A following the Annual General Meeting

LONDON, UK / ACCESSWIRE / June 14, 2022 / Argo Blockchain plc, ("Argo" or "the Company") (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce it has prepared a help sheet for retail investors in advance of the Annual General Meeting ("AGM"), which is available at: https://argoblockchain.com/investors. The Company knows its shareholders are passionate about the Company's business and operations.

Argo Blockchain PLC Announces Voting at the Annual General Meeting

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) said it mined 124 bitcoin or equivalents in May compared to 166 the month before due to various factors, including unplanned downtime as it brings its new Helios mining facility in Texas online ahead of schedule and the bitcoin network experiencing an increase in difficulty. Mining revenue of £3.1mln (US$3.9mln) was generated in the month, versus £5.5mln in April, based on daily foreign exchange rates and cryptocurrency prices during the month.

Argo Blockchain mines fewer bitcoin in May as it brings new Texas facility online

LONDON, ENGLAND / ACCESSWIRE / June 7, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB); (NASDAQ:ARBK), is pleased to provide the following operational update for May 2022. During the month of May, Argo mined 124 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 166 BTC in April 2022.

Argo Blockchain PLC Announces May 2022 Operational Update

Grant and Exercise of Options and PDMR Dealings LONDON, UK / ACCESSWIRE / May 25, 2022 / Argo Blockchain plc, ('Argo' or 'The Company') a global leader in cryptocurrency mining (LSE:ARB);(NASDAQ:ARBK), announces that: between 19 and 23 May 2022, certain directors purchased ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") and American Depositary Receipts representing Ordinary Shares ("ADRs"); on 23 May 2022, Peter Wall and an employee of the Company exercised options ("Options") over a total of 1,595,000 Ordinary Shares; on 23 May 2022, the Company granted Options over 500,000 Ordinary Shares to Raghav Chopra, a non-executive director of the Company; and on 23 May 2022, the Company granted in aggregate Options over 4,350,000 Ordinary Shares to the Company's staff and employees. Purchase of Shares/ADRs Between 19 and 23 May the following directors purchased Ordinary Shares/ADRs: PDMR / Person closely associated Purchased Weighted average price per Ordinary Share/ADR Maria Perrella 6,000 ADRs US$6.54 per ADR Sarah Gow 20,000 Ordinary Shares £0.4920 per Ordinary Share Alex Appleton 39,415 Ordinary Shares £0.4974 per Ordinary Share Exercise of Options On 23 May 2022, Peter Wall exercised Options over 430,000 Ordinary Shares at an exercise price of £0.070 per Ordinary Share.

News for Argo Blockchain PLC Stock (ARBK)