Argo Blockchain

London, United Kingdom Founded: 2017 • Age: 9 yrs Acquired By Galaxy
Sustainable Bitcoin mining and blockchain development solutions are provided.
Annual revenue $47.6M Latest available
Total funding - 11 rounds
Employees 16 Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Argo Blockchain

Argo Blockchain is a company based in London (United Kingdom) founded in 2017 was acquired by Galaxy in February 2023. The company has 16 employees as of December 31, 2024. Argo Blockchain offers products and services including Bitcoin Mining Services and Energy Optimization. Argo Blockchain operates in a competitive market with competitors including Arkon Energy, Stronghold Digital Mining, Mawson Infrastructure Group, TeraWulf and Gridless, among others.

  • Headquarter London, United Kingdom
  • Employees 16 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Argo Blockchain Plc
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $47.57 M (USD)
    -18.24
    as on Dec 31, 2024
  • Net Profit
    -$54.03 M (USD)
    -54.76
    as on Dec 31, 2024
  • EBITDA
    $1.94 M (USD)
    -49.69
    as on Dec 31, 2024
  • Latest Funding Round
    $40 M (USD), Post-IPO

    Mar 04, 2025

  • Investors
    Galaxy

    & 2 more

  • Employee Count
    16

    as on Dec 31, 2024

  • Acquired by
    Galaxy

    (Feb 09, 2023)

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IPO & Listings of Argo Blockchain

Argo Blockchain is a publicly listed company on the LSE with ticker symbol ARB in UK, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: LSE · Ticker: ARB · Sector: Technology services · UK

Products & Services of Argo Blockchain

Argo Blockchain offers a comprehensive portfolio of products and services, including Bitcoin Mining Services and Energy Optimization.

Product name locked
Category locked
Primary

Services for mining Bitcoin with renewable energy sources

Product name locked
Category locked
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Tools for optimizing energy in mining operations

People of Argo Blockchain

Headcount 10-50
Employee Profiles 8
Board Members and Advisors 2
Employee Profiles
People
Alana Marks
VP of People & Culture
People
Sebastien Chalus
Chief Strategy Officer
People
Jim MacCallum
Chief Financial Officer
People
Jason Zaluski
VP of Mining

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Board Members and Advisors
people
Maria Perrella
Director
people
Raghav Chopra
Director

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Funding Insights of Argo Blockchain

Investors in Argo Blockchain

Argo Blockchain has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Galaxy, NYDIG and Caledonian Holdings PLC.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments in Europe are managed by Vela Technologies.
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Galaxy is recognized as a leader in digital assets and data center infrastructure.
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Services for cryptocurrency investing, lending, and borrowing are provided.
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Investor details for Argo Blockchain

Investor domains, locations, round participation, and complete history require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Argo Blockchain

Investments
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Investment portfolio details for Argo Blockchain

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  • Transaction dates
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Financial Statements - Argo Blockchain

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Detailed financials for Argo Blockchain

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Argo Blockchain Comparisons

Argo Blockchain Primary company
Description
Sustainable Bitcoin mining and blockchain development soluti...
Location
London, United Kingdom
Founded Year
2017
Annual Revenue
$47.57 M (USD)
Net Profit
-$54.03 M (USD)
EBITDA
$1.94 M (USD)
Employees
16
As of 2024
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Peer comparison for Argo Blockchain

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Competitors of Argo Blockchain

Argo Blockchain operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arkon Energy, Stronghold Digital Mining, Mawson Infrastructure Group, TeraWulf and Gridless, among others.

Company Name Domain Founded year HQ Location Description
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Sustainable Bitcoin mining is powered by excess renewable energy.
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Crypto mining is powered by energy from coal refuse conversion.
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Digital asset mining infrastructure and hosting services are offered.
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Sustainable cryptocurrency mining is facilitated via an online platform.
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Sustainable Bitcoin mining solutions are provided by the Gridless platform.
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Detailed competitors of Argo Blockchain

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Latest news on Argo Blockchain

REG - Phoenix Digital - Proposed Re-domiciliation
London Stock Exchange8 months ago
REG - Argo Blockchain PLC - Results of Meetings
London Stock Exchange8 months ago
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Complete news archive for Argo Blockchain

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Frequently Asked Questions about Argo Blockchain

Argo Blockchain was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Argo Blockchain is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Thomas Chippas is the current CEO of Argo Blockchain.

As of Dec 31, 2024, the latest employee count at Argo Blockchain is 16.

Annual revenue of Argo Blockchain is $47.57M as on Dec 31, 2024.

Argo Blockchain was established in 2017 in London, United Kingdom, within the blockchain sector. Operations center on sustainable Bitcoin mining, powered by hydroelectric resources. The Equihash algorithm is utilized for ZCash mining, an alternative cryptocurrency. Blockchain technology growth is supported through development initiatives. The company maintains a focus on environmental considerations in its mining practices.

Argo Blockchain's top competitors include TeraWulf, Mawson Infrastructure Group and Arkon Energy.

Argo Blockchain offers Bitcoin Mining Services and Energy Optimization.

Yes, Argo Blockchain is publicly traded on LSE under the ticker symbol ARB.

Argo Blockchain has 3 investors. Key investors include Galaxy, NYDIG, and Caledonian Holdings PLC.

The ticker symbol of Argo Blockchain is ARB on LSE.

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