Alex Morris

Argo Blockchain Shares Spike After Report About Huge Post-IPO Mining Package Sales

Argo Blockchain Shares Spike After Report About Huge Post-IPO Mining Package Sales

Argo Blockchain, a London-based crypto mining company, has witnessed a minor three percent spike in its shares following the report about a ten-fold increase in sales of their mining packages. After expanding its mining capacity, the company is able to sign up seven-times more clients. As of now, they have sold more than 4,200 packages, but the startup doesn’t want to stop here — they are currently targeting at 30,000 packages in the next 12 months.       
 
According to an earlier U.Today report, Argo Blockchain became the first crypto-oriented company to launch an IPO on the London Stock Exchange (LSE). Its IPO managed to rake in £25 mln while its current market capitalization is sitting at £22 mln.
 

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