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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 ...
Summary Argo Blockchain has been selling down its BTC treasury holdings all year. That selling started to become more aggressive in June. The company has also been selling machines to raise liquidity and has dealt with challenges from higher energy costs. Argo also has baby bo...
Summary My current view of securities discussed in my Seeking Alpha articles from earlier in 2022 are presented. Such securities include BLOK, CLAR, BITQ, AJX, AJXA, GECC and EPV. My current portfolio allocation and bearish market forecast are highlighted. Introduc...
Argo Blockchain ( NASDAQ: ARBK ) mined 215 Bitcoin or Bitcoin Equivalent (together, BTC) in September 2022 compared to 235 BTC in August 2022, mainly due to a 12% increase in average network difficulty during September. Based on daily foreign excha...
Argo Blockchain ( NASDAQ: ARBK ) shares dipped 14% premarket on Friday after the cryptocurrency mining firm outlined several strategic actions to bring in additional capital to the business and strengthen its balance sheet. The company's profitability and free cash flow ...
● 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 i...
Summary ARBK has a strong balance sheet with good liquidity and moderate debt. At a recent price of $18.10 the par $25, ARBKL baby bonds offer an attractive 12.1% cash yield with the potential for significant capital gains. Very low Bitcoin mining costs and technological leade...
Vancouver, Kelowna, Delta, BC - September 9, 2022 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today's edition of the Crypto Corner podcast and commentary on what's driving cryptocurrency stocks and the crypto market. Th...
Argo Blockchain ( NASDAQ: ARBK ) mined 235 Bitcoin or Bitcoin Equivalent (together, BTC) in August 2022 compared to 219 BTC in July 2022. Based on daily foreign exchange rates and crypto rates, mining revenue stood at £4.39M (or $5.23M) compared to ...
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...
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Extension of Galaxy Loan LONDON, UNITED KINGDOM / ACCESSWIRE / July 1, 2024 / Argo Blockchain plc, (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining using predominantly renewable energy, announces the extension of its loan with Galaxy Digital Holdings Ltd. ("Galaxy") through ...
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")...