Argo Blockchain PLC

ARBK
$0.29 (-20.11%) 08:00 PM 02/07/25

Market Overview

Market Cap
Shares Outstanding
50-Day Moving Average
200-Day Moving Average
Average Volume (20 Days)
Beta (5Y)
  • Chart chart view
  • Table table view
  • Price
  • Market Cap MCap
  • Shares
Start Date
start date
to
End Date
start date
1D
5D
1M
3M
6M
YTD
1Y
5Y

Company Overview

Argo Blockchain PLC (NASDAQ: ARBK, LSE: ARB) is a leading cryptocurrency mining company focused on sustainability and operational efficiency. With a total mining capacity of 2.7 EH/s and a power capacity of approximately 115 MW as of July 2024, Argo operates advanced facilities in Texas and Quebec. The company is committed to utilizing renewable energy, with its Quebec facility powered entirely by hydroelectric power and its Texas operations benefiting from a high proportion of wind and solar energy. In 2023, Argo generated $50.6 million in revenue, underpinned by its industry-leading approach to mining efficiency and cost management. The company achieved a mining margin of 38% in Q1 2024, producing 319 Bitcoin at an average direct cost of $32,727 per BTC. Argo is also focused on financial discipline, significantly reducing debt by $29.3 million since early 2023 and streamlining its operations in Quebec to enhance profitability. Argo is exploring growth opportunities, including increasing its hashrate capacity to up to 4.2 EH/s through facility expansions and fleet upgrades. The company is also evaluating strategic partnerships with power generators to capitalize on stranded energy resources, further reinforcing its commitment to sustainable and economically viable Bitcoin mining. With a strong leadership team and a clear focus on sustainability, Argo Blockchain PLC is well-positioned for continued growth in the digital asset mining sector.

Argo Blockchain PLC website url Visit Website Argo Blockchain PLC linkedin url Argo Blockchain PLC twitter url
Stock Exchange NASDAQ
IPO Date 2021-09-23
Number of Employees 30
Headquarters London, United Kingdom

Key Executives

Ms. Alana Marks

Vice President of People & Culture
Ms. Alana Marks linkedin Ms. Alana Marks twitter

Mr. Sebastien Chalus

Chief Strategy Officer
Mr. Sebastien Chalus linkedin Mr. Sebastien Chalus twitter

Mr. Justin Nolan

Chief Executive Officer & Director
Mr. Justin Nolan linkedin Mr. Justin Nolan twitter

Mr. James Mckenzie MacCallum C.A., C.F.A., CPA

Chief Financial Officer
Mr. James Mckenzie MacCallum C.A., C.F.A., CPA linkedin Mr. James Mckenzie MacCallum C.A., C.F.A., CPA twitter

Mr. Thomas Joseph Chippas

Chief Executive Officer
Mr. Thomas Joseph Chippas linkedin Mr. Thomas Joseph Chippas twitter

Mr. James Mckenzie MacCallum C.A., C.F.A., CPA

Interim Chief Executive Officer & Chief Financial Officer
Mr. James Mckenzie MacCallum C.A., C.F.A., CPA linkedin Mr. James Mckenzie MacCallum C.A., C.F.A., CPA twitter

Mr. Seif El-Bakly C.F.A.

Chief Operating Officer & Interim Chief Executive Officer
Mr. Seif El-Bakly C.F.A. linkedin Mr. Seif El-Bakly C.F.A. twitter

Mr. Peter G. Wall

Advisor
Mr. Peter G. Wall linkedin Mr. Peter G. Wall twitter

Mr. Justin Nolan

Chief Growth Officer
Mr. Justin Nolan linkedin Mr. Justin Nolan twitter

Sarah Miller

Director of Communications
Sarah Miller linkedin Sarah Miller twitter

Mr. Tom Divine

Vice President of Investor Relations and FP&A
Mr. Tom Divine linkedin Mr. Tom Divine twitter

Mr. Vikram Mechanda

Head of Argo Labs
Mr. Vikram Mechanda linkedin Mr. Vikram Mechanda twitter

Mr. Alex Appleton C.A.

Chief Financial Officer, Principal Financial Officer & Executive Director
Mr. Alex Appleton C.A. linkedin Mr. Alex Appleton C.A. twitter

Mr. Seif El-Bakly

Chief Operating Officer
Mr. Seif El-Bakly linkedin Mr. Seif El-Bakly twitter

Mr. Davis Zapffe

General Counsel
Mr. Davis Zapffe linkedin Mr. Davis Zapffe twitter

Jean Esquier

Vice President of Technology & Development
Jean Esquier linkedin Jean Esquier twitter

Press Releases

FAQ

The next earnings report date for Argo Blockchain PLC (ARBK) is scheduled for August 26, 2025. Stay up to date with ARBK’s financial results and key announcements by visiting our Earnings Tracker or by subscribing to earnings alerts. Here we also provide ARBK earnings call summaries and transcripts.

As of December 31, 2024, Argo Blockchain PLC holds approximately 2.0 BTC as part of its corporate Bitcoin treasury strategy. For more comprehensive insights, you can track ARBK's Bitcoin holdings on our Bitcoin Treasuries page.

In December 2024, Argo Blockchain PLC produced 39.0 BTC through its mining operations. Explore the historical monthly production data for ARBK on our Bitcoin Production page.

The current stock price of Argo Blockchain PLC (ARBK) is $0.29 as of 08:00 PM 02/07/25. For live stock updates and company rankings, view our Bitcoin mining stocks by market cap table.

The latest news for Argo Blockchain PLC (ARBK) includes SEC Comment Letter Cleared Publication Delay of Annual Financial Report to on or around 9 May 2025 2024 Preliminary Unaudited Financial Highlights published on April 30, 2025. For more details and ongoing updates, visit the ARBK news section.