Argo Blockchain ADR ARBK

Financial Services Cryptocurrency

Argo Blockchain plc is a United Kingdom-based blockchain technology company. The Company is focused on cryptocurrency mining. It has mining operations in Quebec and Texas. The principal activity of the Company is bitcoin mining. The Company has mining facilities in Quebec, mining operations in Texas, and offices in the United States, Canada, and the United Kingdom. Its global, sustainable operations are predominantly powered by renewable energy. The Company’s crypto mining Baie Comeau location is over 40,000 square feet and operates around 15 megawatts (MW). The Baie Comeau hydroelectric dam generates 100% renewable power. The Company’s subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc.

NDAQ:ARBK - Post by User

Argo Blockchain ADR

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Post by sdhakaon Sep 18, 2024 7:39pm

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Post# 36230105

Argo Blockchain continues to trade..

Argo Blockchain continues to trade at an attractive valuation with an EV/Revenue multiple of 2.1. As the company works on expanding its Bitcoin mining capacity, do you think Argo is a hidden gem at these levels?
Get more insights on Argo Blockchain and other top players in our latest report—free to read and covering mining, crypto, and AI markets. Subscribe now for more regular updates: https://www.researchfrc.com/content/analyst-ideas/post/142/gold-hits-new-high-central-banks-in-the-spotlight-bitcoin-outlook-turns-bullish

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