
Argo
@ArgoBlockchain
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Argo Blockchain is a global leader in cryptocurrency mining. Listed on LSE: #ARB + NASDAQ: $ARBK
London, England
Joined November 2017
Argo Blockchain is excited to announce the appointment of Justin Nolan as Chief Executive Officer and Director. Justin was previously CEO of Arkon Energy, a digital infrastructure company. Prior to this, he served as Chief Growth Officer at Argo and was instrumental in the.
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Argo is pleased to announce the following hosting and miner updates. 🔸Argo has amended its arrangement with Merkle Standard LLC to host a total of 9,315 S19J Pro miners at their Memphis, Tennessee location, and a further 4,000 S19J Pro miners at Merkle’s Washington State.
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Argo is pleased to announce that it entered into a non-binding term sheet for up to $40 million in senior secured convertible loans on 25 February 2025. 🔸 The initial tranche of the financing would be $15 million with follow-on tranches of up to $25 million over the next 18.
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Argo is pleased to announce that it has amended the hosting arrangement with Merkle Standard LLC. 🔸 A total of 8,113 S19J Pro miners will now be hosted at Merkle’s Memphis, Tennessee location, from February and March for a minimum one-year term. 🔸 As stated before, another.
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Argo is pleased to announce that it has entered into a hosting arrangement with Merkle Standard LLC. 🔸 5,293 S19J Pro miners will be hosted at Merkle’s Memphis, Tennessee location,from February and for a minimum one-year term.🔸 An additional 2,500 S19J Pro miners will be.
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Our December operational update is out:. 🔸Mined 39 Bitcoin in December. 🔸Daily production was 1.3 Bitcoin per day consistent with November. 🔸Mining revenue of $3.9 million, an increase from $3.4 million in November. 🔸We are currently evaluating alternative site options to.
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Our November operational update is out: . 🔸Mined 39 Bitcoin in November. 🔸Daily production was 1.3 Bitcoin per day. 🔸Mining revenue of $3.4 million, an increase from $3.0 million in October. Full RNS: #ARB $ARBK.
argoblockchain.com
The RNS transmits regulatory and non-regulatory information published by companies and organizations to comply with local market transparency legislation.
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Argo’s Q3 2024 results are out!. 🔸 Generated a revenue of $7.5 million.🔸 Mining margin percentage of 8% .🔸 Fully repaid the Galaxy loan in August 2024.🔸 Class action lawsuit filed in January 2023 dismissed in October 2024. Post quarter updates include:. 🔸A non-binding LOI.
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☎ Q3 2024 Earnings Call . CEO Thomas Chippas and CFO Jim MacCallum will be holding a webcast to discuss Q3 results and answer questions at 10:00 ET / 15:00 GMT on November 20, 2024. The webcast is open to all current and potential investors. Please register at:.
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Argo Blockchain provides the following company updates. • Baie-Comeau facility HPC expansion LOI.• Helios facility . Read the full RNS here:
argoblockchain.com
The RNS transmits regulatory and non-regulatory information published by companies and organizations to comply with local market transparency legislation.
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Our October operational update is out: . 🔸Mined 46 Bitcoin in October. 🔸Daily production was 1.5 Bitcoin per day, a 24% increase from September. 🔸 Mining revenue of $3.0 million, up 36% from September. Full RNS: #ARB $ARBK.
argoblockchain.com
The RNS transmits regulatory and non-regulatory information published by companies and organizations to comply with local market transparency legislation.
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Our September operational update is out: . 🔸Mined 37 Bitcoin in September. 🔸Daily production was 1.2 Bitcoin per day, consistent with August. 🔸 Mining revenue of $2.2m. 🔸Mining margin for 3rd quarter was below 10%. Full RNS: #ARB $ARBK.
argoblockchain.com
The RNS transmits regulatory and non-regulatory information published by companies and organizations to comply with local market transparency legislation.
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Our August operational update is out: . 🔶Mined 38 Bitcoin in August. 🔶Mining margins below 10%. 🔶Daily production at 1.2 Bitcoin per day . 🔶Mining Revenue of $2.3m. Full RNS: #ARB $ARBK.
argoblockchain.com
The RNS transmits regulatory and non-regulatory information published by companies and organizations to comply with local market transparency legislation.
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☎ Interim Results 2024 - Earnings Call .Argo’s management team will participate in a webcast to discuss the half year results and answer questions at 10:00 ET / 15:00 BST. The webcast is open to all current and potential investors. Please register at:
investormeetcompany.com
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Argo’s interim results for 2024 are out!. Highlights: . 🔶Generated revenues of $29.3 million for H1 2024 compared to $24.0 million for H1 2023, an 18% increase. 🔶 Mining margin of $11.5 million or 39% for H1 2024 .🔶 Fully repaid the Galaxy loan in August 2024.🔶Ended the.
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☎Q2 2024 Earnings Call . CEO Thomas Chippas and CFO Jim MacCallum will be holding a webcast to discuss Q2 results and answer questions at 10:00 ET / 15:00 BST on August 28, 2024. The webcast is open to all current and potential investors. Please register at:.
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New RNS: Argo has fully repaid its $35 million loan from Galaxy Digital Holdings ahead of schedule. The repayment was achieved using cash flow from operations, equity raises, and non-core asset sales, with no significant impact on Argo’s hash rate. This move reflects our focus.
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Our July operational update is out:. Mined 48 Bitcoin in July. Mining margins in the mid 20% range.Daily production consistent at 1.5 Bitcoin per day.Revenue of $3m, in line with June . Full RNS: #ARB $ARBK.
argoblockchain.com
The RNS transmits regulatory and non-regulatory information published by companies and organizations to comply with local market transparency legislation.
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New RNS: Argo has secured £6.5m in a private placement deal that includes issuance of 57,800,000 ordinary shares at £0.1125 each, plus warrants to purchase up to 57,800,000 additional shares. Net proceeds to be used for debt reduction and growth projects. Full RNS:.
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