An announcement from Argo Blockchain ( (GB:ARB) ) is now available.
Argo Blockchain plc announced it is no longer in financing discussions with the previously mentioned counterparty from its earlier press release. The company is actively engaging with other interested parties and continues to collaborate with its advisor, Stifel, to explore financing opportunities. This development could impact Argo’s financial strategies and stakeholder interests as it seeks to secure new partnerships or funding arrangements.
More about Argo Blockchain
Argo Blockchain plc is a dual-listed blockchain technology company focused on large-scale cryptocurrency mining. It operates a mining facility in Quebec and has offices in the US, Canada, and the UK. Argo’s operations are global and sustainable, primarily powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company and 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
For a thorough assessment of ARB stock, go to TipRanks’ Stock Analysis page.