LSE-Listed Argo Blockchain Is Weighing Listing on Nasdaq
Argo also said it mined 167 bitcoin in June, compared with 166 in May.
Jul 6, 2021 at 10:27 a.m. UTCUpdated Aug 21, 2021 at 6:49 p.m. UTC
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Bitcoin mining firm Argo Blockhain, currently listed on the London Stock Exchange (LSE), is considering a secondary listing on Nasdaq.
- The London-based miner announced the plan Tuesday, saying no decision has been made whether to go ahead.
- "We've seen the global hashrate drop from over 150m TH/s to just 90m TH/s in the space of a month and mining difficulty adjusted to reflect this reduction," CEO Peter Wall said. "Argo has capitalized on these changes, continuing to deliver strong revenue at an impressive margin."
- In March Argo acquired land in West Texas for the construction of a new mining facility.
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