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An update from Argo Blockchain ( (GB:ARB) ) is now available.
Argo Blockchain plc announced that between January 29 and 30, 2025, Jim MacCallum, the Interim CEO and CFO, purchased a total of 75,000 American Depositary Receipts (ADRs) of the company at an average price of US $0.4617 per ADR on NASDAQ. This transaction, disclosed as per regulations for persons discharging managerial responsibilities, highlights continued confidence in the company’s operations and strategic direction, potentially stabilizing its market position and reassuring stakeholders.
More about Argo Blockchain
Argo Blockchain plc is a dual-listed blockchain technology company focused on large-scale cryptocurrency mining. With operations in Quebec and Tennessee, and offices in the US, Canada, and the UK, Argo’s global operations are predominantly powered by renewable energy. The company became the first climate positive cryptocurrency mining company in 2021 and is a signatory to the Crypto Climate Accord.
YTD Price Performance: -13.33%
Average Trading Volume: 129,472
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $38.78M
For an in-depth examination of ARB stock, go to TipRanks’ Stock Analysis page.
