Argo Blockchain

London, United Kingdom Founded: 2017 • Age: 9 yrs Listed Acquired By Galaxy
Sustainable Bitcoin mining and blockchain development solutions are provided.

About Argo Blockchain

Argo Blockchain is a publicly listed company based in London (United Kingdom) founded in 2017, and was acquired by Galaxy in February 2023. Sustainable Bitcoin mining and blockchain development solutions are provided. It operates in the Technology and Financial Services sectors. The company has 16 employees. Its chief executive, as recorded, is Thomas Chippas. Its website argoblockchain.com draws about 15 thousand monthly visits. Argo Blockchain offers products and services including Bitcoin Mining Services and Energy Optimization. Its focus areas include FinTech, Cryptocurrencies, Mining and Sustainable Mining. Its legal entity is ARGO BLOCKCHAIN PLC.

Company details

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.

  • Headquarters London, United Kingdom
  • Employees 16
  • Stage Acquired
  • Sectors
    Technology
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website argoblockchain.com
  • Social LinkedIn X YouTube
  • Acquired by Galaxy (Feb 2023)
  • Legal Name Argo Blockchain Plc
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
    $40M (USD), Post-IPO

    Mar 2025

  • Investors
    Galaxy

    & 2 more

  • Employee Count
    16
  • Acquired by
    Galaxy

    (Feb 2023)

Products & Services of Argo Blockchain

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

Bitcoin Mining Services
Cryptocurrency Mining

Services for mining Bitcoin with renewable energy sources

Energy Optimization
Sustainability Services

Tools for optimizing energy in mining operations

Apps and channels of Argo Blockchain

its YouTube channel Argo Blockchain has 4.75K subscribers and 30 videos.

Argo Blockchain
YouTube 4.75K subscribers 30 videos Gaming
Open channel

Videos from Argo Blockchain

The most watched videos on Argo Blockchain's YouTube channel, Argo Blockchain (4.75K subscribers). Click a video to play it here.

April, 2022 - Helios Bitcoin Mining Facility Update
6.1K views
Helios Bitcoin Mining Facility Grand Opening | Argo Blockchain
5.5K views
December 2022 | CEO Update - Helios Sale & Transformational Strategic Actions
5K views
October 2022 | CEO Update - Commentary on Recent Strategic Actions
4.8K views

More on Argo Blockchain.

Funding Insights of Argo Blockchain

  • Total Rounds 11
  • Last Round Post-IPO β€” $40M
  • First Round $20,107

    (Feb 2019)

  • Investors Count 3

Latest 10 of 11 funding rounds of Argo Blockchain with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2025$40MPost-IPO––
–
Dec 2024$5.35MPost-IPO––
–
Jul 2024$9.01MPost-IPO––
–
Jan 2024$9.92MPost-IPO––
–
Jul 2023$7.5MPost-IPO––
–
Dec 2022$35MDebt – Conventional––
Oct 2022$27MPost-IPO––
–
May 2022$70.6MDebt – Conventional––
Mar 2021$1MPost-IPO––
–
Jan 2021$37.33MPost-IPO––
–
Valuation history

3 investors in total: 3 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Private equity investments in Europe are managed by Vela Technologies.
2000velatechplc.comBingley, United Kingdom
Galaxy is recognized as a leader in digital assets and data center infrastructure.
2018galaxy.comNew York, United States
Services for cryptocurrency investing, lending, and borrowing are provided.
2017nydig.comNew York, United States
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Investor details for Argo Blockchain

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
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Verified entity values are shown only after access is granted.

People of Argo Blockchain

13 people are tracked at Argo Blockchain (8 in leadership, 2 in board & advisors, 3 in team); the tracked headcount is 16.

NameRoleGroup
Thomas Chippas
CEOLeadership
Matthew Shaw
ChairmanLeadership
Justin Nolan
Chief Executive OfficerLeadership
Alana Marks
VP of People & CultureLeadership
Sebastien Chalus
Chief Strategy OfficerLeadership
Jim MacCallum
Chief Financial OfficerLeadership
Jason Zaluski
VP of MiningLeadership
Hon Jun
Marketing DirectorLeadership
Maria Perrella
DirectorBoard & advisors
Raghav Chopra
DirectorBoard & advisors
Jeffrey Ewohime
Marketing ConsultantTeam
Andrew Demosthenous, CFA
Senior Strategy AnalystTeam
Craig Baba
ControllerTeam
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Complete people profiles for Argo Blockchain

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

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.

  • IPO date23 Sep 2021
  • Listed onNASDAQ: ARBK
  • Listed entityArgo Blockchain Plc
  • Exchange sectorTechnology services
  • ISINGB00BZ15CS02
  • Share price0.90 GBX (-14.29% on the day) · 2025-12-11
  • Market capitalisation7,531,129.00 GBX
  • Volume (last session)878,732
  • Analyst consensusNeutral

Financials of Argo Blockchain

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
202438.0M GBP-43.1M GBP1.6M GBP
202346.4M GBP-27.9M GBP3.1M GBP
202247.6M GBP-185.9M GBP-7.0M GBP
202174.2M GBP30.8M GBP53.8M GBP
202019.0M GBP1.4M GBP5.8M GBP
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Detailed financial statements for Argo Blockchain

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Argo Blockchain

5 dated milestones of Argo Blockchain across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Argo Blockchain is founded.
  2. Funding First funding round of $20K.
  3. IPO Lists on the stock exchange (IPO).
  4. Exit Acquired by Galaxy.
  5. Funding Latest funding round, Post-IPO, of $40.0M.

Web traffic of Argo Blockchain

The website of Argo Blockchain (argoblockchain.com) receives about 14.5K visits a month.

  • Monthly visits
    14.5K

    ▼ 0.6% vs previous month

Similar websites

Websites whose visitors overlap most with Argo Blockchain. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bitcoincore.org
100%
#407,313View details
braiins.com
braiins.com
83%
#83,423–
2miners.com
83%
#152,763View details
2cryptocalc.com
2cryptocalc.com
83%
#350,596–
coinwarz.com
coinwarz.com
83%
#273,780–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Argo Blockchain

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

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  • Audience overlap
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Verified entity values are shown only after access is granted.

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Related news about Argo Blockchain

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Complete news archive for Argo Blockchain

Full article history, source details, and older brand coverage require an active premium plan.

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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 CEO of Argo Blockchain, as recorded in our data.

Argo Blockchain has 16 employees.

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 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.

Argo Blockchain operates through Argo Blockchain Plc.

Yes. Argo Blockchain was acquired by Galaxy in February 2023.

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