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Argo Blockchain - Private
Overview
Funding Date
July 31, 2024
Financing amount
$8.3M
Valuation
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Category
Subcategory
About Argo Blockchain - Private
Argo Blockchain Announces $8.3 Million Private Placement. According to the announcement, the bitcoin miner Argo Blockchain (Nasdaq: ARBK) will issue 57.8 million ordinary shares at a purchase price of £0.1125 per share, along with warrants to purchase an additional 57.8 million shares. The exercise price for the warrants is set at £0.1125 per share, with an exercise period of five years, Argo disclosed.
Founders & Team
Mike Edwards
Peter Wall
Company Profile / Project Introduction
Argo Blockchain PLC is a global data centre business that provides a powerful and efficient platform for cryptocurrency mining operations. The company is headquartered in London, UK, with operations in strategic locations in North America, and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB and on NASDAQ Global Select Market in the United States under the ticker ARBK.