Argo Blockchain – Revenues up 56% in February and further investment in mining capacity.

March 4, 2020 | Posted by admin

By Richard Gill, CFA A brief update from crypto miner Argo Blockchain (ARB) has revealed that the company mined 337.5 Bitcoin or Bitcoin Equivalent (BTC) during the month of February, a 37% increase compared to January. On the back of rising crypto prices during the month, revenue growth was markedly higher at 56%, giving total […]

Argo Blockchain results update – disconnect with fundamentals reaches extremes. Buy.

January 20, 2020 | Posted by admin

Crypto miner Argo Blockchain (ARB) stated this morning that in unveiling its Q4 results that it expects to report annual revenues of over £8.5 million for the 2019 financial year, up from £0.76 million in 2018. This comes following the conclusion of the company’s maiden year mining crypto currency for its own account. The final […]

Align Research Top 5 Conviction Picks for 2020

January 7, 2020 | Posted by admin

This year we have concentrated our coverage into those top 5 picks where we have the most conviction in price v fundamental reality rather than 10 in previous years. The lesson we have learnt over the last 4 years of operation as one of the most innovative research houses in the UK is that management […]

Argo Blockchain – New CEO and hardware delivered

January 2, 2020 | Posted by admin

By Richard Gill, CFA Cryptocurrency miner Argo Blockchain (ABR) has announced an early year management reshuffle, with company founder and current Vice President of Operations Peter Wall being appointed as CEO with immediate effect. He has been responsible for overseeing the day-to-day operations of the mining organization as well as the management of the software development […]

Argo Blockchain – the market continues to completely misvalue the stock

October 27, 2019 | Posted by admin

By Richard Gill, CFA Shares in Argo Blockchain have slipped back from recent highs of 11p to just 6.6p at the close of play last Friday, mainly following the retracement seen in the main driver of the company’s revenues – the price of Bitcoin. We hope followers of us on twitter took advantage of our call […]