Argo was the first blockchain firm to list on the London Stock Exchange, and now Argo Blockchain is looking at a potential secondary listing on the Nasdaq.
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Argo Blockchain, which headquarter is in London, and is listed on the London stock exchange, with mining infrastructure located at multiple sites in Quebec, Canada and comprise approximately 18,000 mining machines, announced that it is considering the possibility of a secondary listing on the Nasdaq.
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Agro says that no decision has been made regarding the timing of the secondary listing and the conditions under which it will take place.
Strategic Update
The Company also announces that it is exploring a potential secondary listing on NASDAQ. Argo has not made any decisions regarding the timing or the terms of the potential secondary listing.#ARB $ARBKF
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— Argo (@ArgoBlockchain) July 6, 2021
Operational Updates
Cryptocurrency mining company Argo Blockchain announced on Tuesday that it has mined 167 Bitcoin in the month of June.
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The total hash rate on the Bitcoin blockchain dropped from 150 EH/s to 90 EH/s in one month due to restrictions on cryptocurrency mining in China, followed by a record drop in BTC Mining difficulty level. Argo Blockchain CEO Peter Wall said that despite these changes in Bitcoin, they performed well throughout June.
Argo generated revenue of £4.36 million ($6.03 million) during the month. Mined 167 BTC in May. The company has mined a total of 883 Bitcoins since the beginning of 2021. There are 1,268 BTC in total in Argo reserves.
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