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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 to release Q2 2023 results on August 29, 2023
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Argo Blockchain (LSE:ARB)(NASDAQ:ARBK) announces its share capital and total voting rights as of July 31, 2023. The company's share capital consists of 535,325,166 ordinary shares of £0.001 each, all with equal voting rights and no shares held in Treasury. Shareholders can use this figure to determine their notification obligations under the FCA Disclosure Guidance and Transparency Rules.
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Argo Blockchain PLC successfully prices non-pre-emptive placing of new ordinary shares, raising approximately £5.75 million. The Placing Price represents a discount of approximately 14% to the 30 trading day VWAP of the Company's existing ordinary shares and a discount of 25.92% to the closing mid-price of the Company's ordinary shares on July 18, 2023.
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Argo Blockchain PLC announces a conditional offer for subscription of new Ordinary Shares via PrimaryBid at a discount of approximately 14% to the 30 trading day VWAP of the Company's existing Ordinary Shares. The PrimaryBid Offer is available to both existing shareholders and new investors. The proceeds will be used to reduce the Company's outstanding debt and pursue strategic growth projects.
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Argo Blockchain PLC, a global leader in cryptocurrency mining, plans to conduct a non pre-emptive placing of a minimum of 47,750,000 new ordinary shares at a price of 10 pence per share. The issue price represents a discount of approximately 14% to the 30-day VWAP of the company's existing shares and a discount of 25.92% to the closing mid-price on July 18, 2023. The proceeds will be used to reduce the company's outstanding debt and pursue strategic growth projects, including partnerships with power generators.
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Argo Blockchain Plc

Nasdaq:ARBK

ARBK Rankings

ARBK Stock Data

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