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Argo Blockchai. (ARB) Share News

TRADING UPDATES: Polarean gets FDA ok; Keywords buys 47 Communications

1st Feb 2023 19:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Argo Blockchain regains compliance with Nasdaq listing rule

23rd Jan 2023 13:08

Argo Blockchain PLC - London-based cryptocurrency mining - Receives a letter from Nasdaq stock market in New York, saying Argo Blockchain has regained compliance with a Nasdaq listing rule. Nasdaq had informed Argo Blockchain on December 16 that its American Depositary Shares had not maintained the minimum bid price of USD1.00 over the previous 30 business days. To regain compliance, Argo Blockchain had to do so for ten consecutive trading days. This requirement was met on January 13. Each ADS represents 10 Argo Blockchain shares. Read More

IN BRIEF: Argo Blockchain bitcoin mining hurt by US snow in December

12th Jan 2023 06:54

Argo Blockchain PLC - London-based cryptocurrency miner with operations in Texas and Quebec - Mines 147 bitcoin and bitcoin equivalents in December, down from 198 in November, as its Helios facility in Texas voluntarily reduces power consumption in response to a severe winter storm in the US. Mining revenue during the month is USD2.5 million, down from USD3.5 million in November, taking into account bitcoin price movements. Mining margin is 48%, up from 29% in November. As of the end of December, Argo Blockchain holds 25 bitcoin and 116 bitcoin equivalents. Read More

SMALL-CAP WINNERS & LOSERS: Argo Blockchain falls as deal closes

29th Dec 2022 09:40

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More

LONDON MARKET OPEN: Sea of red as investors fret over Covid in China

29th Dec 2022 08:50

(Alliance News) - Stock prices in London opened lower on Thursday amid risk-off sentiment across Europe, as concerns grew about rising Covid cases in China. Read More

IN BRIEF: Argo Blockchain completes USD65 million deal in Texas

29th Dec 2022 08:00

Argo Blockchain PLC - London-based blockchain technology - Says now has closed its deal with Galaxy Digital Holdings Ltd. On Wednesday, Argo Blockchain said it had entered an agreement for a subsidiary to sell its Helios Facility in Dickens County, Texas to Galaxy Digital for USD65 million. Argo said the subsidiary also will refinance asset-backed loans with a USD35 million loan from Galaxy. The loan will be backed by Argo's fleet of 23,619 Bitmain S19J Pro cryptocurrency mining machines currently operating at the Helios site. The company said Galaxy has agreed to host Argo's mining machines for a two-year period, but they will remain owned by Argo. Read More

LONDON MARKET MIDDAY: FTSE 100 rises with positive 2022 in sight

28th Dec 2022 12:15

(Alliance News) - Stock prices in London were higher at midday on Wednesday, with sentiment remaining upbeat as investors looked to the year-end after the Christmas break. Read More

Argo Blockchain to sell facility to Galaxy Digital for USD65 million

28th Dec 2022 10:48

(Alliance News) - Argo Blockchain PLC on Wednesday said it has entered into an agreement for a subsidiary to sell its Helios facility to Galaxy Digital Holdings Ltd. Read More

SMALL-CAP WINNERS & LOSERS: Argo Blockchain up on USD65 million sale

28th Dec 2022 09:37

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More

TRADING UPDATES: Chesnara confirms completion of Conservatix contract

16th Dec 2022 21:54

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Seed Innovations loss widens; Atome launches offer

12th Dec 2022 21:54

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Argo Blockchain shares suspended by FCA; November mining revenue falls

9th Dec 2022 15:26

(Alliance News) - Argo Blockchain PLC shares on Friday were temporarily suspended from trading by the UK Financial Conduct Authority as the company reported a decrease in November revenue. Read More

IN BRIEF: Argo Blockchain warns on future as cash raise cancelled

31st Oct 2022 20:49

Argo Blockchain PLC - London-based blockchain technology company - Says a GBP24 million fundraising from a strategic investor is no longer likely to go ahead under previously announced terms. Read More

Argo Blockchain shares fall as mines fewer bitcoins than last month

11th Oct 2022 13:03

(Alliance News) - Argo Blockchain PLC on Tuesday said it mined less bitcoin in September than the month before as it faced increases in "average network difficulty" and the continued impact of high electricity prices. Read More

Argo Blockchain aims to strengthen books against strong headwinds

7th Oct 2022 10:38

(Alliance News) - Argo Blockchain PLC on Friday announced several actions to strengthen the company's balance sheet as it faces headwinds from rising energy prices and falling bitcoin prices. Read More

Argo Blockchain shares rise on Helios hosting agreement announcement

9th Sep 2022 12:55

(Alliance News) - Argo Blockchain PLC shares jumped on Friday after it announced a "strategic hosting services agreement" with an undisclosed third party. Read More

SMALL-CAP WINNERS & LOSERS: Cineworld soars on US financing approval

9th Sep 2022 10:54

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More

IN BRIEF: Argo Blockchain turns to interim loss on economic pullback

25th Aug 2022 13:59

Argo Blockchain PLC - London-based blockchain technology company - Swings to interim loss as cites "global macroeconomic pullback" and inflation as reasons. Read More

Argo Blockchain increases mining revenue in July; reduces loan

5th Aug 2022 15:24

(Alliance News) - Argo Blockchain PLC on Friday announced an increase in Bitcoin mining revenue and the company anticipates better performance as it completes its machine swap during July. Read More

TRADING UPDATES: Michelmersh Brick, Mattioli Woods on-track for growth

7th Jul 2022 16:48

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

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