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
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Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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