ARBK Stock Recent News

Over the festive season, as the world welcomed Christmas and New Year's, conversations likely gravitated toward Bitcoin and cryptocurrencies, as the popular digital currency has surged higher in recent months. Much like how Memorial Day and Labor Day weekends set the stage for engaging discussions earlier in the previous year surrounding Artificial Intelligence (AI), the resurgence of Bitcoin and the allure of the broader cryptocurrency market continue to captivate investors.

Argo Blockchain (LON: ARB) share price had its best day since November 9th as Bitcoin price continued its recovery. The stock surged to a high of 10.50p on Monday, much higher than last month's low of $7.50.

Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) shares added 15% in early Monday trades following the London-listed bitcoin mining group's November operational update. Soaring bitcoin prices caused Argo's mining revenues to surge 25% month on month, while daily mining production increased by 5%.

Argo Blockchain plc (NASDAQ:ARBK ) Q3 2023 Results Conference Call November 14, 2023 10:00 AM ET Company Participants Tom Divine - VP, IR Seif El-Bakly - Interim Chief Executive Officer Jim MacCallum - Chief Financial Officer Operator Good afternoon, and welcome to the Argo Blockchain plc Q3 Update Investor Presentation. Throughout this recorded presentation investors will be in listen-only mode.

Argo Blockchain plc (ARBKF) Q3 2023 Earnings Call Transcript

While the allure of cryptocurrency investments has undoubtedly captivated the market's attention, it's perhaps wise for investors to consider blockchain stocks to sell. This is not a call made in isolation.

Argo Blockchain plc (NASDAQ:ARBK ) Q2 2023 Results Conference Call August 29, 2023 10:00 AM ET Company Participants Tom Divine - VP, IR Seif El-Bakly - Interim CEO Jim MacCallum - CFO Conference Call Participants [Call Starts Abruptly] Throughout this recorded presentation, investors will be in a listen-only mode. Questions are encouraged and can be submitted at any time using the Q&A tab situated on the right hand corner of your screen, simply type in your questions and press send.

London-listed bitcoin miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) has reported a modest growth in bitcoin and bitcoin equivalent mining output for the first half of 2023, with a total of 947 coins mined representing a 1% increase compared to the same period in 2022. Challenging macro conditions in the cryptocurrency sector stemmed further growth for the group.

London-listed bitcoin miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) has issued a total of 51,340,000 ordinary shares to institutional investors Tennyson Securities at 10p per share. The non-pre-emptive placing raised £5.134mln.

London-listed bitcoin mining company Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) mined 139 bitcoin or bitcoin equivalents in June, averaging 4.6 BTC per day. This was a decrease of 17% compared to March yields, primarily driven by an 8% sequential increase in the average network difficulty during the month of April.