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June Operational Update Form 6 K
U.S. Markets via PUBT
a2464v
UNITED STATES
Washington, D.C. 20549
Argo Blockchain plc
London W1W 8DH
England
5 July 2024
Argo Blockchain plc
Argo Blockchain plc , a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), is pleased to provide the following operational update for June 2024 .
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With mining facilities in Quebec , mining operations in Texas , and offices in the US, Canada , and the UK , Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. For more information, visitwww.argoblockchain.com.
SECURITIES AND EXCHANGE COMMISSION
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FORM 6-K
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REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July, 2024
Commission File Number: 001-40816
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(Translation of registrant's name into English)
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Eastcastle House
27/28 Eastcastle Street
(Address of principal executive office)
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT INDEX
Exhibit No.
1
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Description
June Operational Update dated
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Press Release
("Argo" or "the Company")
June Operational Update
During the month of June, the Company mined 44 Bitcoin or Bitcoin Equivalents (together, "BTC"), or 1.5 BTC per day. This is consistent with May's production.
Mining revenue in June 2024 amounted to $2.9 million (May 2024 : $2.9 million ). For the month of June, the Company has seen mining margins of approximately 30%. As at 30 June 2024 , the Company held 11 BTC equivalent.
This announcement contains inside information.
For further information please contact:
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Investor Relations
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Corporate Broker
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+44 207 186 9030
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Joint Broker
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+44 7493 989014
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Tancredi Intelligent Communication
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About Argo:
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date:
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By: /s/
Title: Chief Financial Officer
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Disclaimer
US jobs report for June is likely to point to slower but still-solid hiring
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