Argo

Argo hopes to raise $57.5 million for Texas mining facility via public offering

Argo hopes to raise $57.5 million for Texas mining facility via public offering

advertisement Argo Blockchain, a crypto mining firm listed on the London Stock Exchange, filed for a proposed public debt offering with the US Securities and Exchange Commission on Monday. The offering includes 8.75% senior notes that will mature on November 30, 2026, and will be sold in increments of $25.  Argo intends to raise $57.5 …

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Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain Sees Revenues Soar 11x After Mining 1,300 Bitcoin in 2019

Argo Blockchain, a bitcoin mining firm listed on the London Stock Exchange, reported stellar 2019 earnings Wednesday. The company attributed its success to cutting off its consumer-facing arm and focusing on mining some 1,330 bitcoin (BTC) on the year. In its full-year results, Argo said 2019 revenue was up 11-fold from the year before, a …

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