Argo Blockchain plc - American Depositary Shares (ARBK)
0.3724
+0.0024 (0.65%)
Argo Blockchain Plc is a publicly traded company that specializes in cryptocurrency mining and blockchain technology
It focuses on providing efficient and sustainable mining operations, primarily for Bitcoin and other digital currencies. The company utilizes advanced technology and renewable energy sources to enhance its mining capabilities, striving to minimize its environmental impact while maximizing production. Argo also explores opportunities in blockchain-related projects and services, positioning itself as a key player in the rapidly evolving digital asset industry.
Under the proposed deal, an initial tranche of $15 million would be disbursed, with additional funding of up to $25 million available over the next 18 months.
The crypto market has been at a peak this year, driven primarily by Bitcoin's (CRYPTO: BTC) remarkable performance, which has recently crossed the ATH price of $70,000.