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
- SectorsTechnologyFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Website argoblockchain.com
- Social LinkedIn X YouTube
- Acquired by Galaxy (Feb 2023)
- Legal Name Argo Blockchain Plc
Products & Services of Argo Blockchain
Argo Blockchain offers a comprehensive portfolio of products and services, including Bitcoin Mining Services and Energy Optimization.
Services for mining Bitcoin with renewable energy sources
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.
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.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $40M | Post-IPO | β | β | β |
| Dec 2024 | $5.35M | Post-IPO | β | β | β |
| Jul 2024 | $9.01M | Post-IPO | β | β | β |
| Jan 2024 | $9.92M | Post-IPO | β | β | β |
| Jul 2023 | $7.5M | Post-IPO | β | β | β |
| Dec 2022 | $35M | Debt – Conventional | β | β | |
| Oct 2022 | $27M | Post-IPO | β | β | β |
| May 2022 | $70.6M | Debt – Conventional | β | β | |
| Mar 2021 | $1M | Post-IPO | β | β | β |
| Jan 2021 | $37.33M | Post-IPO | β | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in Europe are managed by Vela Technologies. | 2000 | velatechplc.com | Bingley, United Kingdom | |
Galaxy is recognized as a leader in digital assets and data center infrastructure. | 2018 | galaxy.com | New York, United States | |
Services for cryptocurrency investing, lending, and borrowing are provided. | 2017 | nydig.com | New York, United States |
Investor details for Argo Blockchain
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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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.
| Name | Role | Group |
|---|---|---|
Thomas Chippas | CEO | Leadership |
Matthew Shaw | Chairman | Leadership |
Justin Nolan | Chief Executive Officer | Leadership |
Alana Marks | VP of People & Culture | Leadership |
Sebastien Chalus | Chief Strategy Officer | Leadership |
Jim MacCallum | Chief Financial Officer | Leadership |
Jason Zaluski | VP of Mining | Leadership |
Hon Jun | Marketing Director | Leadership |
Maria Perrella | Director | Board & advisors |
Raghav Chopra | Director | Board & advisors |
Jeffrey Ewohime | Marketing Consultant | Team |
Andrew Demosthenous, CFA | Senior Strategy Analyst | Team |
Craig Baba | Controller | Team |
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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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
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 38.0M GBP | -43.1M GBP | 1.6M GBP |
| 2023 | 46.4M GBP | -27.9M GBP | 3.1M GBP |
| 2022 | 47.6M GBP | -185.9M GBP | -7.0M GBP |
| 2021 | 74.2M GBP | 30.8M GBP | 53.8M GBP |
| 2020 | 19.0M GBP | 1.4M GBP | 5.8M GBP |
Detailed financial statements for Argo Blockchain
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Argo Blockchain
5 dated milestones of Argo Blockchain across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Argo Blockchain is founded.
- Funding First funding round of $20K.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Galaxy.
- 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 visits14.5K
▼ 0.6% vs previous month
Websites whose visitors overlap most with Argo Blockchain. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bitcoincore.org | 100% | #407,313 | View details | ||
braiins.com | braiins.com | 83% | #83,423 | β | |
| 2miners.com | 83% | #152,763 | View details | ||
2cryptocalc.com | 2cryptocalc.com | 83% | #350,596 | β | |
coinwarz.com | coinwarz.com | 83% | #273,780 | β | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 10 similar websites and full traffic analytics for Argo Blockchain
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Related news about Argo Blockchain
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 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.

