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

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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Argo Blockchain (ARBK) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Argo Blockchain (ARBK) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

LONDON, ENGLAND / ACCESSWIRE / June 7, 2024 / Argo Blockchain plc ('Argo' or 'the Company'), (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining announces the results of the Company's annual general meeting held on Thursday, 6 June 2024. A poll was held on each of the resolutions in which Resolutions 1, 4, 5, 6, and 7 (inclusive) were passed as ordinary resolutions and resolutions 9, 10 and 12 (inclusive) were passed as special resolutions.

Argo Blockchain PLC Announces Result of Annual General Meeting

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP)'s monthly mining output more than halved in May, as the London-listed bitcoin miner reckoned with the recent bitcoin Halving event. The Halving, which occurs every four years on the bitcoin ledger, slashes mining rewards by 50% as an anti-inflationary measure.

Argo Blockchain reckons with bitcoin Halving as monthly revenues plummet

LONDON, ENGLAND / ACCESSWIRE / June 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for May 2024. During the month of May, the Company mined 45 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 1.5 BTC per day.

Argo Blockchain PLC Announces May Operational Update, TVR and New Shares

Argo Blockchain (ARBK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Argo Blockchain (ARBK) a New Buy Stock

Argo Blockchain plc (NASDAQ:ARBK ) Q1 2024 Results Conference Call May 23, 2024 10:00 AM ET Company Participants Markella Zarifi - Financial Communications Representative Thomas Chippas - Chief Executive Officer Jim MacCallum - Chief Financial Officer Operator Good afternoon, and welcome to the Argo Blockchain plc Q1 update. Throughout this recorded meeting, investors will be in listen-only mode.

Argo Blockchain plc (ARBK) Q1 2024 Earnings Call Transcript

Argo Blockchain plc (OTCPK:ARBKF) Q1 2024 Earnings Conference Call May 23, 2024 10:00 AM ET Company Participants Thomas Chippas - Chief Executive Officer Jim MacCallum - Chief Financial Officer Thomas Chippas Thank you, [Marcella], and thank you to everyone for joining us today. We recently shared our 2023 full year results, and I'm excited to update you on our progress, since then for this quarter.

Argo Blockchain plc (ARBKF) Q1 2024 Earnings Call Transcript

LONDON, ENGLAND / ACCESSWIRE / May 16, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's Q1 2024 results will be released on Thursday, 23 May 2024. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 BST on Thursday, 23 May 2024.

Argo Blockchain PLC Announces Notice of Q1 2024 Results, Share Capital and TVR

LONDON, ENGLAND / ACCESSWIRE / May 14, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces it will hold its Annual General Meeting ('AGM') at 15:00 BST on 6 June 2024 at the offices of Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG. The meeting will be available for shareholders to attend in person, and the Company will provide access to the AGM through the Investor Meet Company platform.

Argo Blockchain PLC Announces Notice of Annual General Meeting

Grant of Equity Awards LONDON, UNITED KINGDOM / ACCESSWIRE / May 3, 2024 / Argo Blockchain plc (LSE:ARB)(Nasdaq:ARBK), a global leader in cryptocurrency mining, is pleased to provide the following operational update for April 2024. During the month of April, the Company mined 99 Bitcoin, or 3.3 Bitcoin per day (March 2024 - 103 Bitcoin).

Argo Blockchain PLC April Operational Update

Argo Blockchain plc (NASDAQ:ARBK ) Q4 & FY 2023 Results Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Tom Divine – Vice President-Investor Relations and FP&A Thomas Chippas – Chief Executive Officer Jim MacCallum – Chief Financial Officer Conference Call Participants Operator Good afternoon, and welcome to the Argo Blockchain plc Investor Presentation. Throughout this recorded presentation investors will be in listen-only mode.

Argo Blockchain plc (ARBK) Q4 & FY 2023 Results Earnings Call Transcript

LONDON, UK / ACCESSWIRE / April 25, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce its audited results for the year ended 31 December 2023. Highlights Total number of Bitcoin mined during 2023 was 1,760, or 4.8 Bitcoin per day.

Argo 2023 Annual Financial Report

Notice of FY 2023 Results and Investor Presentation LONDON, UK / ACCESSWIRE / April 18, 2024 / Argo Blockchain plc ("Argo" or "the Company"), a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), announces that the Company's FY 2023 results will be released on Thursday, 25 April 2024. Argo will host a conference call to discuss its results at 10:00 ET / 15:00 BST on Thursday, 25 April 2024.

Argo Blockchain PLC Announces Notice of FY 2023 Results

LONDON, ENGLAND / ACCESSWIRE / April 5, 2024 / Argo Blockchain plc ("Argo" or "the Company") (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to provide the following operational update for March 2024. During the month of March, the Company mined 103 Bitcoin, or 3.3 Bitcoin per day.

Argo Blockchain PLC Announces March Operational Update

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The fourth Bitcoin ( BTC-USD ) halving, scheduled for mid-April 2024, is poised to significantly impact the crypto market. Understanding how the halving will impact Bitcoin price dynamics and crypto mining is critical, especially when choosing which stocks to sell after the halving.

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Closing on Sale of Mirabel, Quebec Data Center Allotment of New Shares Share Capital and Total Voting Rights LONDON, UK / ACCESSWIRE / March 28, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce that it has closed on the previously announced sale of its data center located in Mirabel, Quebec (the "Mirabel Facility") for total consideration of $6.1 million (the "Transaction"). The net proceeds from the Transaction were used to first repay the Mirabel Facility's outstanding mortgage of $1.4 million, with the remainder used to repay debt owed to Galaxy Digital Holdings, Ltd.

Argo Blockchain PLC Announces Closing on Sale of Mirabel / TVR

NEW YORK , March 27, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Argo Blockchain plc ("Argo" or the "Company") (NASDAQ: ARBK). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

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

NEW YORK, NY / ACCESSWIRE / March 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Argo Blockchain plc ("Argo Blockchain") (NASDAQ:ARBK) concerning possible violations of federal securities laws. Argo issued a press release, on March 5, 2024, "announc[ing] that it has entered into an agreement for the sale of its data center located in Mirabel, Quebec (the ‘Mirabel Facility') for total consideration of $6.1 million (the ‘Transaction')" and that "[t]he net proceeds from the Transaction are expected to first repay the Mirabel Facility's outstanding mortgage in full, with the remainder expected to be used to repay debt owed to Galaxy Digital Holdings, Ltd.

Levi & Korsinsky Reminds Argo Blockchain Investors of the Ongoing Investigation into Potential Violations of Securities Laws - ARBK

NEW YORK, NY / ACCESSWIRE / March 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Argo Blockchain plc ("Argo Blockchain") (NASDAQ:ARBK) concerning possible violations of federal securities laws. Argo issued a press release, on March 5, 2024, "announc[ing] that it has entered into an agreement for the sale of its data center located in Mirabel, Quebec (the ‘Mirabel Facility') for total consideration of $6.1 million (the ‘Transaction')" and that "[t]he net proceeds from the Transaction are expected to first repay the Mirabel Facility's outstanding mortgage in full, with the remainder expected to be used to repay debt owed to Galaxy Digital Holdings, Ltd.

ATTENTION Argo Blockchain plc Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your Rights

Argo Blockchain (LON: ARB) share price continued its downward trend this week even as the crypto industry continued to thrive. The stock slipped to a low of 13.50p in London on Wednesday.

Argo Blockchain share price is sinking: is it a buy ahead of halving?

Sale of Mirabel, Quebec Data Center for $6.1 Million February Operational Update LONDON, UK / ACCESSWIRE / March 5, 2024 / Argo Blockchain plc (LSE:ARB);(NASDAQ:ARBK), a global leader in cryptocurrency mining, is pleased to announce that it has entered into an agreement for the sale of its data center located in Mirabel, Quebec (the "Mirabel Facility") for total consideration of $6.1 million (the "Transaction"). All references to $ are to USD, being derived from the Canadian dollar amounts at an exchange rate of 0.74.

Argo Blockchain PLC Announces Sale of Mirabel Quebec Data Center & Feb Op Update

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LONDON, UK / ACCESSWIRE / February 5, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for January 2024. During the month of January, the Company mined 124 Bitcoin, or 4.0 Bitcoin per day.

Argo Blockchain PLC Announces January Operational Update

In a surprising turn of events, Argo Blockchain PLC (LSE: ARB) witnessed a substantial price drop in its shares today following the announcement of the departure of its Chief Operating Officer (COO). The company, known for its global leadership in cryptocurrency mining, disclosed this significant change in its management, impacting investor sentiment.

Argo Blockchain shares drop on news of COO departure

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) shares fell over 16% on Monday morning following a £7.8 million equity round. New shares were issued at 20.5p to institutional investors, marking a 24% discount to the previous closing price *though only a 1% discount on a volume-weighted 30-day basis).

Argo Blockchain shares sent lower following £7.8mln equity round

LONDON, ENGLAND / ACCESSWIRE / January 8, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to announce it has raised, subject to Admission, gross proceeds of £7.8 million ($9.9 million) by the issue of 38,064,000 new ordinary shares of £0.001 each in the Company ("Ordinary Shares") at a price per share of £0.205 to certain institutional investors (the "Placing"). The Placing price represents a discount of approximately 1 per cent to the 30 trading day VWAP of the Company's existing ordinary shares for the period ended on 5 January 2024, and a discount of approximately 24 per cent to the closing mid-price of the Company's ordinary shares on 5 January 2024.

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