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Argo Blockchain Plc - ARBK STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Argo Blockchain Plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Argo Blockchain Plc's position in the market.

News
Argo Blockchain PLC Announces Allotment of New Shares
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.27%
Tags
none
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News
Argo Blockchain PLC Announces November Monthly Operational Update
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.48%
Tags
none
-
News
Argo Blockchain PLC Announces Appointment of CEO and PDMR Notification
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.54%
Tags
management
News
Argo Blockchain PLC Announces Q3 2023 Results
Rhea-AI Summary
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%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
earnings
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News
Argo Blockchain PLC Announces Notice of Q3 2023 Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
earnings
-
News
Argo Blockchain PLC Announces October Operational Update
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
none
News
Argo Blockchain PLC Announces August Operational Update
Rhea-AI Summary
Argo Blockchain provides operational update for August 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
-
News
Argo Blockchain PLC Announces Interim Half Year Results 2023
Rhea-AI Summary
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%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
24.12%
Tags
none
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News
Argo Blockchain PLC Announces Notice of Q2 2023 Results
Rhea-AI Summary
Argo Blockchain to release Q2 2023 results on August 29, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.51%
Tags
earnings
News
Argo Blockchain PLC Announces July Operational Update
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
Stock ARBK logo
Argo Blockchain Plc

Nasdaq:ARBK

ARBK Rankings

#4373 Ranked by Market Cap
#1573 Ranked by Stock Gains
N/A Ranked by Dividends

ARBK Stock Data

83.11M
485.52M
3.78%
0.76%
Data Processing, Hosting, and Related Services
Information
Link
United Kingdom
50 Jermyn Street

About ARBK

say hello to the future. argo makes it easy to mine bitcoin gold, ethereum and other altcoins from home. argo is a platform that enables customers to efficiently mine ethereum and other altcoins from their own computer or mobile device. with just a click of a button and a transparent monthly fee, our users can immediately select which coin(s) they want to mine. our service provides immediate access to argo's cutting-edge mining rigs, which seamlessly perform the complex crypto-mining operations for our users and then directly deposit all coins mined into users’ digital wallets.