An announcement from Argo Blockchain ( (GB:ARB) ) is now available.
Argo Blockchain plc has announced that it is no longer in financing discussions with the previously mentioned counterparty as of March 3, 2025. The company is currently engaging with other interested parties and continues to collaborate with its advisor, Stifel, to explore new financing opportunities. This update reflects Argo’s ongoing efforts to secure financial partnerships that align with its strategic goals, potentially impacting its market positioning and stakeholder interests.
More about Argo Blockchain
Argo Blockchain plc is a blockchain technology company focused on large-scale cryptocurrency mining. The company operates a mining facility in Quebec and has offices in the US, Canada, and the UK. Argo is committed to sustainable operations powered by renewable energy and was the first climate positive cryptocurrency mining company, also a signatory to the Crypto Climate Accord.
YTD Price Performance: -17.54%
Average Trading Volume: 59,327
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $31.55M
Learn more about ARB stock on TipRanks’ Stock Analysis page.