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Argo Blockchain plc (ARB.L)
LSE - LSE Delayed price. Currency in GBp
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Happy to have joined the Argo family today, thrilled to have gotten in before this incredible company hits the NASDAQ. Obviously wish I'd been aware sooner, but oh well. There are many reasons I feel confident in this investment, the big ones being...
- nearly double the hashrate of RIOT and MARA
- expansion with Texas facility
- hydroelectric power with renewable energy push
- relationship with ePIC for ASIC machines
- relationship with Pluto
The cherry on top being an extremely transparent and trustful CEO, posting regular updates and Q&A on the Youtube page. This is a long term investment, and I'm excited for the road ahead! With BTC now institutionally acknowledged, the upward trajectory is undeniable. Argo, in my opinion, is the smartest play in the sector. With RIOT already touching 5.4B market cap on 2/17, our valuation gap is massive.
Cheers fellow Argonauts :-)
$ARBKF is probably best positioned of the miners to transition into market leader in payment processing as BTC adoption and corporations continue to add crypto as an asset class in their balance sheets. The market cap will go beyond RIOT and MARA once this lists in NASDAQ - great opportunity here if you believe BTC is here to stay!
$SOS, $RIOT, $MARA this is your last chance to get in on $HVBTF (HIVE blockchain) before earnings come out tomorrow morning. This includes mid Nov to end of Dec profits when Bitcoin and Ethereum reached their peaks in 2020. The price right now seems like a discount to me considering they will report record breaking profits and grow the value of their company literally overnight.
This thing will fly at the open, but it Will Not reach anywhere near its potential until it's listed on the Nasdaq.
Hopefully our Canadian guy is working on that.
Argo Blockchain, a global leader in cryptocurrency mining (LSE: ARB), is pleased to announce that 4,500 Bitmain Antminer S19 and S19 pro miners Argo agreed to lease from Celsius Network in November 2020 have been installed on time and are now fully operational. This installation represents the final delivery of Antminers under Argo's lease with Celsius Network. The new mining hardware has added approximately 430 petahash to the Company's installed computing power and consumes approximately 15 megawatts ("MW") of electricity. This latest installation highlights the continued focus on efficiency when expanding Argo's mining operations.
Peter Wall, Chief Executive of Argo, said: "We are delighted with the addition of these machines and believe that this installation will help Argo maintain its position at the forefront of mining efficiency."
i am extremely bullish on argo
i made a video on it ! hopefully it brings you peace of mind on your own investment
Are These 3 Bitcoin/Crypto Mining Stocks Still A Buy?!
Asking for civil discussion in this thread. We’re all learning the volatility of bitcoin and mining companies. Today’s OTCQX news is one step closer to the Nasdaq listing which will offer exposure to a greater investing population, including Wall Street Bets/Robinhood crew.
Additionally it is comforting knowing the volatility we experienced the last couple days is not directly related to Argo news, but due to sentiment of the entire bitcoin community.
Michael Saylor (MicroStrategy CEO) is a blessing and you can see even the negative press Bitcoin has received from key stakeholders, institutions are not blinking an eye when adopting (I.e. Square just bought 3300 BTCs at an average price of $51k+).
We will continue to see steady progress with Argo as Bitcoin rises to $70k+ and the uplifting to Nasdaq occurs over the next couple months. Our CEO is transparent and communicates to the shareholders which shows he values us as investors. I’d expect to see Argo trading around $8-$10 by late spring/early summer with volatility along the way.
Argo Commences Trading on OTCQX Market in the United States
Argo, the leading cryptocurrency miner based in the UK (LSE: ARB, OTCQX: ARBKF), is pleased to announce that trading in the Company's Ordinary Shares will begin today on the OTCQX Best Market in the United States, under the ticker symbol "ARBKF". Argo has upgraded to OTCQX from the OTCQB Venture Market.
The OTCQX Market is designed for established, investor-focused US and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. Graduating to the OTCQX Market from the OTCQB Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors.
Argo was sponsored for OTCQX by MCAP Markets LLC, a qualified third-party firm responsible for providing guidance on OTCQX requirements and recommending membership. Argo's ordinary shares will continue to trade on the London Stock Exchange under the symbol ARB.
Peter Wall, Chief Executive of Argo Blockchain, said: "The OTCQX is the highest tier of the OTC market and we are delighted to have qualified to begin trading. We are proud of our commitment to transparency, openness and strong corporate governance. This approval will give increased access to US institutional and retail investors looking to invest in the Company and provide them with the opportunity to share in Argo's growth as the cryptocurrency and blockchain sectors continue to gather momentum."
Jonathan Dickson, Vice President of International Corporate Services at OTC Markets Group, said: "Congratulations to Argo Blockchain PLC on qualifying for the OTCQX Best Market. We are pleased to support innovative and entrepreneurial international companies seeking to strengthen transparency and to provide better access to disclosure and trading for US investors. Cross-trading on OTCQX in the US will enable Argo Blockchain PLC, which is listed on the London Stock Exchange, to diversify its investor base and to expand its global engagement even further."
Argo Blockchain, the leading cryptocurrency miner based in the UK (LSE: ARB), is pleased to announce it has signed a commercial agreement with ePIC Blockchain Technologies (ePIC), a supplier of industry-leading ASIC mining machines which will allow Argo priority access to state-of-the-art ASIC mining rigs. The companies will also work together throughout the development process to build machines specifically to Argo's specifications.
As part of the agreement, Argo has committed to an initial purchase of US$8 million of ePIC's mining rigs and will have priority on all future production runs of ePIC machines globally for 2021 and 2022. Expected delivery of the machines will begin in early Q4, 2021. Larger scale delivery of ePIC machines will commence in 2022.
In addition, the Company will assist in the development and testing of future products and will be given an option of a first right of refusal to purchase additional production. Argo will also provide space and capacity at one of its facilities for ePIC's research and innovation engineering teams for development purposes for future machines.
Based in North America, the ePIC team has a winning track record of designing and delivering industry leading semiconductors for companies such as Sony, Nintendo, AMD, ATI Technologies Inc, Microsoft, Qualcomm, and others. Their experience in high performance computing, parallel processing, and power efficiency is exceptional.
Peter Wall, Chief Executive of Argo Blockchain, said: "We are really excited about this agreement and working with ePIC, one of the industry's preeminent ASIC design firms. This partnership will not only give Argo priority in accessing the most advanced mining infrastructure available, but it also highlights our reputation within the sector as an innovative and forward-thinking cryptocurrency miner. By working with a world-class supplier of ASICs at the development and R&D phase to collaboratively create machines to our own specification, it will only further our technical capabilities and efficiency in our mining operations."
Henry Quan, ePIC CEO, said: "ePIC is delighted to partner with Argo to establish North America as a center of excellence for Blockchain mining and decentralization of blockchain security to rival Asia. The teams at ePIC and Argo are strategically aligned in the quest to deliver innovative solutions and efficiencies only made possible through a close partnership. This vertical integration of sorts enables the lockstep delivery of advanced blockchain platforms combined with datacenter excellence."
Perry Hothi, Chief Technical Officer of Argo said: "This will be a game changer for Argo and ePIC. We are excited with the synergy between our teams. With the expertise of ePIC on the chip side combined with the mining capabilities of Argo, we truly believe this will enable us to be at the cutting edge of mining, from chip to data centre."
Well that was manipulative, 2% sell off as it was marching higher. Seems like they want this down for now
Fellow Argonauts!!!! A good day today and already looking forward for tomorrow!!!! GLTA!!!!
We are investing miners to get the 3-5x the leveraged Bitcoin return right? If BTC goes 100k, Argo will probably hit £12 ish. £20 and beyond with NASDAQ listing and more news. Then I’ll be a self-earned millionaire.
Argo is now proving to be more resilient with BTC movements that MARA and RIOT who hold large amounts of BTC.. Investing in business growth is the way forward, this company is here for the long term..
Argo is pleased to announce that 4,500 Bitmain Antminer S19 and S19 pro miners Argo agreed to lease from Celsius Network in November 2020 have been installed on time and are now fully operational.
Management exercised options and sold 2,931,626 shares over the past few days at $2.31-2.51 Euros, which is $281-3.07 USD. That's about 30% of Wall's options. That should relieve the selling-pressure for awhile.
Argo just made it onto the OTCQX Best Market, upgrading its status from the OTCQB Venture Market! Yahoo go Argo!!!
Today’s uplisting move will remove the additional fees for trading a pink stock. That’s good news.
Today the sea will be red across all global market. Best thing to do is: Nothing!
Now that Argo is trading on the OTCQX market in the U.S., under ticker symbol "ARBKF," is there some way to avoid the usual $50 commission charge? I placed an order tonight for more shares tomorrow, and they included that $50 commission charge again.
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