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.
 

Cover image via u.today
The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings