Argo Blockchain PLC
argoblockchain.comWhat Do They Do?
Mines Bitcoin and other crypto assets with purpose-built computers, earning cryptocurrency rewards and transaction fees through mining pools.
20-F for FY2025, filed Apr 30, 2026We are a company focused on mining Bitcoin and other crypto assets. We mine using purpose-built computers (or “mining machines”) to solve…View ↗
As a cryptocurrency miner, we use specialized mining machines to solve cryptographic math problems necessary to record and “publish”…View ↗
We currently contribute 100% of our hash power to mining pools. We currently mine Bitcoin through third-party mining pools, including Luxor…View ↗
Do Revenues Turn Into Profits?
No. It lost $55.1M in .
20-F for FY2025, filed Apr 30, 2026
20-F for FY2025, filed Apr 30, 2026
−$55.1MView ↗
How Are They Changing?
From owned facilities to hosting
The older report described a move to owning and operating mining facilities, with all machines in company-owned facilities after a machine swap. The latest report describes a balance between owned facilities and third-party hosting, and says it may also use leased sites.
20-F for FY2022, filed May 2, 2023 20-F for FY2025, filed Apr 30, 2026
Treasury sales
The older report said Argo’s treasury strategy had shifted to weekly sales of mined cryptocurrency. The latest report says it continued selling mined Bitcoin weekly to fund operating costs and working capital.
20-F for FY2022, filed May 2, 2023 20-F for FY2025, filed Apr 30, 2026Since inception, we have mined more than 7,996 Bitcoin and Bitcoin Equivalent for our own account through December 31, 2022. During the…View ↗
Since inception, we have mined more than 10,659 Bitcoin for our own account through December 31, 2025. In 2025, 2024, and 2023, our…View ↗
Broader investment plans The older report described investing in software and other cryptocurrency and blockchain technologies, including decentralized finance and non-fungible token projects. The latest report describes a longer-term aim to diversify through opportunities across energy, finance, and technology.
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