Bitcoin mining company Argo Blockchain has requested that trading of its shares and unsecured notes on the NASDAQ stock exchange be suspended until Wednesday. The embattled company, which trades on bo...
Tag: Argo
Suspension of Trading on Nasdaq for Argo Blockchain plc
LONDON–(BUSINESS WIRE)–Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK), a global leader in cryptocurrency mining, announces that it has requested a suspension of trading for its ADSs and unsecured notes ...
Argo blockchain to suspend trading on NASDAQ for 24 hours
Bitcoin mining firm Argo blockchain has requested to suspend the trading of its US shares on NASDAQ, effective Dec. 27. The troubled mining firm said in a Dec. 27 press release, that the move to suspe...
Bitcoin miner Argo Blockchain suspends Nasdaq trading pending announcement
Bitcoin miner Argo Blockchain requested that trading be temporarily suspended on Nasdaq pending an announcement by Wednesday’s open. Trading is expected to resume on Wednesday, it said in ...
Argo Blockchain Suspends U.S. Share Trading for 24 Hours
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Argo Blockchain Plc requests the restoration of Trading on the London Stock Exchange
Argo Blockchain plc happens to be a company actively engaged in activities related to cryptocurrency mining. At this point, the company has reached out and made an earnest enough appeal to the UK Fina...
Argo Blockchain tumbles 38% after bankruptcy gaffe
Bitcoin mining stocks tracked by The Block showed mixed results with about half a dozen trading up and the others down. Argo Blockchain’s shares plunged 38% in the UK and 37% in the U.S. i...
Argo Blockchain Warns Bankruptcy Still on the Table
The crypto mining sector is continuing to suffer from low crypto prices and rising energy costs. Argo Blockchain warned on Monday that it’s threatened by the risk of holding “insufficient cash” ...
Mining Firm Argo Blockchain Desperately Seeking Funds To Survive
Bitcoin News Argo disclosed selling part of the Bitcoin it had mined during the market downturn. The firm said it was back in business on the LSE as of December 12. In an effort to avoid bankruptcy, c...
Argo trading at London Stock Exchange resumes amid bankruptcy fears
Argo Blockchain plc, a cryptocurrency mining firm has announced that its shares will be restored for trading on the London Stock Exchange. This decision was made due to the organization’s risk of accu...
Argo blockchain requests trading be restored on LSE, looks to raise funds
Crypto mining firm Argo Blockchain has requested the resumption of trading for its ARB shares on the London Stock Exchange (LSE) after the UK Financial Conduct Authority suspended it. Reports emerged ...
Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy
Crypto mining firm Argo Blockchain has reported it had been negotiating to sell assets and “engage in an equipment financing transaction” in an effort to avoid filing for bankruptcy. In a Dec. 12 anno...
Bitcoin Miner Argo Blockchain Says It’s Close to Restructuring Without Having to Declare Bankruptcy
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Bitcoin miner Argo accidentally said it’s filing for Chapter 11, but is actually trying to avoid that fate by selling assets
Bitcoin miner Argo is looking to sell assets and get a loan as it seeks to avoid bankruptcy as it runs low on cash and after it accidentally published a document implying it would file for Chapter 11....
Argo Shares Suspended In UK and US, Crypto Daily TV…
In Todays Headline TV CryptoDaily News: Shares of Argo Blockchain suspended in UK and US. Trading in shares of London-based Argo Blockchain was suspended in the U.K. and U.S. The exact reason for the ...
Bitcoin miner Argo Blockchain plans to file for bankruptcy
Argo Blockchain, a company that mines cryptocurrencies, made public its intentions to file for bankruptcy earlier than expected on December 12 due to an administrative error. Will Foxley, the Content ...
Trading of Bitcoin Miner Argo Blockchain’s stocks suspended in UK and U.S.
Argo had previously sold 3,843 Antminer S19J Pros for $5.6m in an attempt to secure short-term liquidity. In October, it announced a number of strategic actions due to financial constraints. Trading i...
Argo Blockchain accidentally reveals plans for bankruptcy
Argo Blockchain, a crypto mining company, has reportedly accidentally revealed a petition for bankruptcy. This news was reported by Will Foxley, the Content Director at Compass Mining, who shared a sc...
Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Riot Blockchain, Argo, and Iris – How is Q4 going for crypto-mining
Companies operating in the crypto-mining sector have not had the best of starts in the last quarter of 2022. Several discouraging reports have come out over the past few days, each of which indicates ...
Argo blockchain crisis: share price plummets 50%
The bear market hits Argo Blockchain and causes its share price to fall drastically. The cryptocurrency miner has taken a really bad hit, a -50% drop that will lead to a collapse of the platform if it...
Publicly-Listed Bitcoin Miner Argo Blockchain’s Stock Gets Downgraded, Firm Offloads Close to 4,000 Bitmain Miners – Mining Bitcoin News
On Oct. 31, 2022, the publicly-listed bitcoin miner Argo Blockchain revealed the firm’s attempt to obtain $27 million in a scheduled financing deal fell through. According to the company’s October upd...
Bitcoin Mining Giant Argo Blockchain Gets Negative Cash Flows And Stock Price Dips
Though the crypto winter seems to be over, its impact on Bitcoin and the crypto market still lingers. Several crypto-related firms have gone down the drain over the pressure in the market. Some are st...
Argo fails to raise $27M in Funding
Argo has signed a letter of intent to sell 87 million shares BTC Price at the time of writing – $20,408.44 Bitcoin requires a lot of computing activity – Experts Argo Blockchain, a London-based Bitcoi...
Bitcoin Miner Argo Blockchain Loses More Wall Street Bulls After Financial Woes
“If indeed it can secure the financing to negotiate a power purchase agreement [PPA], we believe Argo’s flagship Helios facility could be better monetized,” Canaccord analyst Joseph ...
Bitcoin miner Argo fails to raise $27M in funding
London-based Bitcoin mining group Argo Blockchain’s plan to raise $27 million from a strategic investor has failed to take place. The London Stock Exchange today published a press release notifying th...
Argo Shares Plunges 72% After Fundraising Fails to Go Through
Bitcoin miner Argo Blockchain Plc on Monday raised a warning that it could be forced to shut down its business operations following a deal to raise $27 million from a strategic investor that failed to...
Argo Blockchain PLC Release Update on Strategy, Business, and Operations – crypto.news
In a strategy update released this morning, Argo Blockchain [LON: ARB] has informed the market that the previously disclosed parameters of a non-binding agreement to fund £24 million will not be actua...
Argo Blockchain is at risk of closing if it fails further financing
The London Stock Exchange-listed cryptocurrency firm Argo Blockchain has warned that it’s at risk of ceasing operations due to a lack of financing. The crypto mining company Argo Blockchain continues ...
Crypto Mining Firm Argo Blockchain Garners Nearly $30 Million
Argo Blockchain – a top crypto mining firm in London – has raised more than $27 million. The company garnered the funds after agreeing to sell about 87 million stock shares to a single investor. Argo ...
Bitcoin miner Argo in trouble after failed strategic investment leaves it cashless
Argo Blockchain, one of the largest public Bitcoin mining companies on the market, is facing a cash shortage that could force it to shut down in the near future. According to an October 31 press relea...