Recent events
Recent events tied to this brand in public sources.
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2021
Argo Blockchain and Celsius resolve litigation
Argo Blockchain said it reached an amicable resolution to pending litigation with Celsius Network. The agreement terminated a lease, included a US$6.3 million payment from Argo to Celsius, transferred title to 4,500 mining machines to Argo, and ended a mining-services arrangement in exchange for a Bitcoin payment from Celsius.
2021
Argo Blockchain announces Q3 2021 results
Argo Blockchain announced its financial results for the quarter ended September 30, 2021, reporting revenue of $26.0 million, net income of $17.3 million, and EBITDA of $28.2 million.
2021
Argo Blockchain closes U.S. initial public offering
Argo Blockchain announced the closing of its U.S. offering of 8,525,000 American Depositary Shares at $15 per share, for aggregate proceeds of approximately $127,875,000 before underwriting discounts and commissions.
2021
Pluto Digital Assets raises approximately $40 million
Pluto Digital Assets said it raised approximately $40 million after closing its latest funding round, bringing its total assets under management to more than $50 million. Argo Blockchain led the round with an investment of approximately $10 million.
2021
Argo Blockchain completes £26.8 million fundraising
Argo Blockchain completed a fundraising of around £26.8 million by issuing shares to institutional and other investors, certain US investors, and through PrimaryBid. The company said the funds would support a follow-on investment in Pluto Digital Assets and strategic opportunities, among other purposes.