{"id":5030,"date":"2021-07-06T12:03:47","date_gmt":"2021-07-06T11:03:47","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=5030"},"modified":"2021-07-06T12:03:51","modified_gmt":"2021-07-06T11:03:51","slug":"argo-blockchain-looks-forward-to-a-secondary-listing-on-nasdaq","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/argo-blockchain-looks-forward-to-a-secondary-listing-on-nasdaq\/","title":{"rendered":"Argo Blockchain looks forward to a secondary listing on Nasdaq"},"content":{"rendered":"\n
Cryptocurrency mining company<\/a> Argo Blockchain is looking at a potential secondary listing on the Nasdaq, it is also to note that the firm was the first blockchain network to be listed on the London Stock Exchange.<\/h5>\n\n\n\n
\"Argo<\/figure>\n\n\n\n

A publicly traded blockchain technology company, Argo Blockchain specializing in crypto mining, is considering a Nasdaq secondary listing.<\/p>\n\n\n\n

As part of its operational and strategy update for June 2021, the firm said on Tuesday that it is now looking into the prospect of a secondary listing on the Nasdaq.\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/p>\n\n\n\n

Argo Blockchain stated that the company has not yet made a decision on the secondary listing's date, adding that “the listing will not be finalized.”<\/p>\n\n\n\n

The business noted, “Any planned listing is subject to market and other factors, and there can be no certainty as to whether or when the proposed listing will be accomplished.”<\/p>\n\n\n\n

Argo Blockchain revealed in its most recent update that the firm mined a total of 167 Bitcoin (BTC) with a mining profit rate of 78% and a mining income of 4.4 million British pounds ($6 million).<\/p>\n\n\n\n

Argo Blockchain's total mining revenue to date is 883 BTC, and the firm expects to hold 1,286 BTC or a comparable amount by the end of the month, according to the announcement.<\/p>\n\n\n\n

The crypto sector <\/a>saw “huge shifts” in the month of June, according to the CEO of Argo Blockchain, Peter Wall, alluding to a significant fall in the total global hash rate and mining difficulty as a result of China's crackdown on crypto mining.<\/p>\n\n\n\n

\u201cArgo has taken advantage of these shifts, delivering robust revenue at an exceptional margin,\u201d the firm said.<\/p><\/blockquote>\n\n\n\n

Argo Blockchain was the first cryptocurrency mining firm to list on the London Stock Exchange in 2018, issuing over 159 million ordinary shares at a price of 16 British pounds ($22).<\/p>\n\n\n\n

According to TradingView<\/a> statistics, the stock has risen dramatically since its initial public offering, reaching an all-time high above 280 pounds ($387) in February.<\/p>\n\n\n\n

The ARB stock is selling at 125 pounds ($173) at the time of writing, down about 2% in the last 24 hours.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cryptocurrency mining company Argo Blockchain is looking at a potential secondary listing on the Nasdaq, it is also to note that the firm was the first blockchain network to be listed on the London Stock Exchange. A publicly traded blockchain technology company, Argo Blockchain specializing in crypto mining, is considering a Nasdaq secondary listing. As […]<\/p>\n","protected":false},"author":12,"featured_media":5031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130],"tags":[1130,370,592,1131],"class_list":["post-5030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","tag-argo-blockchain","tag-mining","tag-nasdaq","tag-stock-exchange"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/07\/Argo-Blockchain-looks-forward-to-a-secondary-listing-on-Nasdaq.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/5030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=5030"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/5030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/5031"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=5030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=5030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=5030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}