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Argo Blockchain Plc - ARBK STOCK NEWS

Welcome to our dedicated page for Argo Blockchain Plc news (Ticker: ARBK), a resource for investors and traders seeking the latest updates and insights on Argo Blockchain Plc stock.

Argo Blockchain Plc (ARBK) operates at the intersection of cryptocurrency mining and sustainable technology, leveraging renewable energy to power its North American data centers. This news hub provides investors and industry observers with comprehensive updates on the company's strategic initiatives, operational milestones, and market developments.

Access authoritative reporting on ARBK's cryptocurrency mining operations, high-performance computing expansion, and energy-efficient infrastructure projects. Our curated collection includes official press releases, financial disclosures, and analysis of key business moves – from equipment upgrades to partnership announcements.

Key coverage areas include quarterly earnings reports, mining capacity updates, sustainability initiatives, and technological innovations. Bookmark this page for real-time updates on ARBK's progress in optimizing blockchain infrastructure while maintaining its competitive edge in renewable-powered operations.

For stakeholders tracking the evolution of energy-conscious crypto mining, this resource offers essential updates on ARBK's operational efficiency metrics and strategic positioning within the blockchain ecosystem. Return regularly for unfiltered access to primary source materials and expert commentary on company developments.

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Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) mined 155 Bitcoin in December 2023, with a 4% increase in daily production. Revenue amounted to $6.6 million, a 25% increase from the prior month. The company held 9 Bitcoin on its balance sheet and digital assets worth the equivalent of 18 Bitcoin as of 31 December 2023.
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Argo Blockchain plc (LSE:ARB);(NASDAQ:ARBK) announces its share capital and total voting rights as of December 29, 2023. The company's share capital consists of 536,963,471 ordinary shares of £0.001 each, all with equal voting rights. Shareholders can use this figure to determine their obligation to notify their interest in the company under the FCA Disclosure Guidance and Transparency Rules.
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Argo Blockchain plc (ARBK) issued 1,638,305 new ordinary shares, bringing the total to 536,963,471. The new shares will be admitted to the Official List and trading on the Main Market of the London Stock Exchange PLC. Shareholders can use the total shares for FCA Disclosure calculations. The announcement contains inside information.
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Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) reports a 5% increase in daily Bitcoin production in November, mining 145 BTC and generating $5.30 million in revenue, a 25% increase from the prior month.
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Argo Blockchain plc (ARB) has appointed Thomas Chippas as Chief Executive Officer and Director. Chippas, a New York-based executive, has significant experience in digital assets, technology, and financial services. Argo's chairman, Matthew Shaw, expressed excitement over Chippas' appointment, stating that it comes at a transformational time for the company. In connection with the appointment, the company has awarded 2,850,000 performance share units to Chippas. The PSUs vest over a three-year period, subject to Mr. Chippas' continued employment and satisfaction of performance conditions.
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Argo Blockchain plc (ARB) Announces Q3 2023 Results with a 58% Increase in Mining Margin and Positive Adjusted EBITDA of $3.1 million. The Company Reduced Direct Cost per Bitcoin Mined by 33% and Decreased Non-Mining Operating Expenses by 11%.
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Argo Blockchain (LSE:ARB)(NASDAQ:ARBK) announces the release of its Q3 2023 results on November 14, 2023, with a conference call scheduled for the same day. The conference call is open to existing and potential shareholders, and the live webcast can be accessed via the Investor Meet Company platform. Investors can sign up to the platform and add Argo Blockchain by following the provided link.
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Argo Blockchain, a global leader in cryptocurrency mining, has provided an operational update for October 2023. The company mined 143 Bitcoin or Bitcoin Equivalents (BTC), or 4.6 BTC per day. Despite a 7% increase in network difficulty, Argo was able to increase its daily BTC production by 2% compared to the prior month. Mining revenue in October amounted to $4.26 million, a 19% increase compared to September. The company currently holds 21 BTC.
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Argo Blockchain provides operational update for August 2023
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Argo Blockchain announces positive financial results for H1 2023, with reduced operating costs and expenses, positive Adjusted EBITDA of $1.0 million, and reduced debt by $4 million. However, revenues decreased by 31% due to a decrease in Bitcoin price and increased global hashrate. The Company raised $7.5 million in gross proceeds via a share placement and plans to deploy more BlockMiner machines to increase total hashrate capacity. The Company is also in discussions to sell non-core assets and continues to evaluate options for further reducing debt. The establishment of a fixed price power purchase agreement at Helios contributed to an improved mining margin of 42%.
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Argo Blockchain Plc

Nasdaq:ARBK

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22.19M
64.03M
0.11%
2.78%
2.62%
Capital Markets
Financial Services
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United Kingdom
London