Detail akcie Argo Blockchain ADR online

Business Summary: Argo Blockchain plc is a United Kingdom-based blockchain technology company focused on large-scale mining of Bitcoin. It mines using purpose-built computers (or mining machines) to solve complex cryptographic algorithms (or verify or solve blocks) on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. Its mining fleet primarily consists of Bitmain Antminer S19, S19 Pro, S19J Pro, and ePIC BlockMiners, all of which utilize advanced application-specific-integrated-circuits (ASICs) designed specifically for cryptocurrency mining. Its fleet of miners is operational in its Quebec facility, with additional hosted sites in North America. Its Baie Comeau location is over 40,000 square feet and operates around 15 megawatts (MW). The Baie Comeau hydroelectric dam generates 100% renewable power. The Company's subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Argo Blockchain PLC - ADR revenues decreased 7% to $47M. Net loss increased 59% to $55.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Basic Earnings per Share excluding Extraordinary Items decreased from -$0.07 to -$0.09.