ARBK
Argo BlockchainARBK
ARBK
About: Argo Blockchain PLC is a data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.
Employees: 30
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
179% more call options, than puts
Call options by funds: $92K | Put options by funds: $33K
3% more capital invested
Capital invested by funds: $2.71M [Q2] → $2.78M (+$70.3K) [Q3]
0.05% less ownership
Funds ownership: 0.41% [Q2] → 0.36% (-0.05%) [Q3]
11% less funds holding
Funds holding: 28 [Q2] → 25 (-3) [Q3]
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Research analyst outlook
We haven’t received any recent analyst ratings for ARBK.
Financial journalist opinion
Based on 5 articles about ARBK published over the past 30 days
Neutral
Accesswire
1 day ago
Argo Blockchain PLC Announces PDMR Dealing
LONDON, ENGLAND / ACCESS Newswire / February 3, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) announces that between 29 and 30 January 2025, Jim MacCallum, the Company's Interim Chief Executive Officer and Chief Financial Officer, purchased American Depositary Receipts representing the Company's ordinary shares ("ADRs"): PDMR / Person closely associated Purchased Weighted average price per Ordinary Share/ADR Jim MacCallum 25,000 ADRs US $0.4550 per ADR Jim MacCallum 25,000 ADRs US $0.4600 per ADR Jim MacCallum 25,000 ADRs US $0.4700 per ADR This announcement contains inside information. PDMR notification Share Purchase Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Neutral
Accesswire
1 week ago
Argo Blockchain PLC Company Update - Hosting
LONDON, UNITED KINGDOM / ACCESS Newswire / January 27, 2025 / Hosting Update Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to announce that it has entered into a hosting arrangement with Merkle Standard LLC ("Merkle") to host 5,293 S19J Pro miners at Merkle's Memphis, Tennessee location. These miners, previously hosted by the Company at Helios, will be deployed during the month of February for a minimum one year term.
Neutral
Accesswire
2 weeks ago
Argo CEO Change
LONDON, UK / ACCESS Newswire / January 21, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) announces that Thomas Chippas is stepping down from his positions as Chief Executive Officer and Director effective 28 February 2025. Argo intends to engage an executive search firm to assist with the process of selecting a new Chief Executive Officer and will update the market in due course.
Neutral
Accesswire
2 weeks ago
Argo Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
LONDON, UNITED KINGDOM / ACCESS Newswire / January 17, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), announces today that it has received written notification (the "Notification Letter") from the Nasdaq Stock Market LLC Listing Qualifications Department ("Nasdaq") that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Rule 5450(a)(1) since the closing bid price for the Company's American Depositary Shares ("ADS") listed on the Nasdaq Global Select Market was below $1.00 for 30 consecutive business days. In accordance with Listing Rule 5810(c)(3)(A), the Company has until 15 July 2025, to regain compliance with the minimum bid price requirement, during which time the ADSs are expected to continue to trade on the Nasdaq Global Select Market.
Neutral
Accesswire
4 weeks ago
Argo Blockchain PLC Announces December Operational Update
LONDON, UNITED KINGDOM / ACCESSWIRE / January 7, 2025 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK) is pleased to provide the following operational update for December 2024. During the month of December, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, consistent with November's production.
Neutral
Accesswire
2 months ago
Argo Blockchain PLC November Ops Update
LONDON, UK / ACCESSWIRE / December 4, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for November 2024. During the month of November, the Company mined 39 Bitcoin ("BTC"), or 1.3 BTC per day, a decrease from 46 mined in October 2024.
Neutral
Accesswire
2 months ago
Argo Blockchain PLC Announces Vesting of PSU Award PDMR Dealing
LONDON, ENGLAND / ACCESSWIRE / November 29, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, announces the vesting of Performance Share Units in respect of 2,375,000 Ordinary Shares of £0.001 ("Ordinary Shares") each on 27 November 2024. These shares were issued as part of Performance Share Unit awards previously granted to Thomas Chippas under the Company's 2022 Equity Incentive Plan.
Neutral
Seeking Alpha
2 months ago
Argo Blockchain plc (ARBK) Q3 2024 Earnings Call Transcript
Argo Blockchain plc (NASDAQ:ARBK ) Q3 2024 Earnings Conference Call November 20, 2024 10:00 AM ET Company Participants Markella Zarifi - Financial Communications Representative Thomas Chippas - Chief Executive Officer Jim MacCallum - Chief Financial Officer Operator Good afternoon, ladies and gentlemen, and welcome to the Argo Blockchain plc Q3 Results Investor Presentation. Throughout this recorded presentation, investors will be in listen-only mode.
Positive
Proactive Investors
2 months ago
Argo Blockchain is focussing on its growth opportunities
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) chief executive Thomas Chippas told investors that management is keenly focussed on growth opportunities that play to its deep expertise. It comes as the cryptocurrency miner and financial technology developer reported its financial results for the third quarter of 2024, with revenue of $7.50 million for the quarter and $36.70 million for the nine months ended September 30.
Neutral
Accesswire
2 months ago
Argo 3rd Quarter Results
LONDON, UNITED KINGDOM / ACCESSWIRE / November 20, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, announces its unaudited financial results for the quarter ended 30 September 2024. All $ amounts are in United States Dollars ("USD") unless otherwise stated Q3 2024 Financial Highlights: Revenue of $7.5 million and $36.7 million for the three and nine months ended 30 September 2024, respectively, compared to $10.4 million and $34.4 million for the prior year periods Total Bitcoin ("BTC") mined in the quarter was 123, or 1.3 BTC per day Mining margin percentage of 8% and 33% for the three and nine months ended 30 September 2024, respectively, compared to 58% and 47% for the prior year periods.
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