Trading of Bitcoin Miner Argo Blockchain’s stocks suspended in UK and U.S.

📆 12/10/2022 6:33 AM
📰 CryptoAmb

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

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 in stocks of London-based crypto mining firm Argo Blockchain (ARBK) was suspended on 9 December (yesterday) in the United Kingdom and the United States. […]

Argo had previously sold 3,843 Antminer S19J Pros for $5.6m in an attempt to secure short-term liquidity.Trading in stocks of London-based crypto mining firm Argo Blockchain was suspended on 9 December in the United Kingdom and the United States. While no particular reason was provided for the suspension, it could indicate pending updates or changes to the firm.

Argo had previously sold 3,843 Antminer S19J Pros for $5.6 million in an attempt to secure short-term liquidity. The news adversely affected the performance of its stocks as its price fell from 36 pence to 7.5 pence during October. Since then, the stocks have largely been resistant to further downtick. ARBK is currently

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vale looks for partner in base metal mining spinoff companyBrazilian miner intends to solidify stake in North American electric vehicle sector Hopefully they find someone that can run a mining company better then they can.
Source: sudburydotcom - 🏆 6. / 89 Read more »