The story
Founded by Mike Edwards and Peter Wall in 2016.1
ARBK on Nasdaq
Logo: Argo Blockchain, CC BY-SA 4.0, via Wikimedia Commons4
World-leading cryptocurrency miner based in London, founded in 20161
In its 2026 annual report (Form 20-F) the company says: “Argo Blockchain plc is the parent holding company of the Group. Our agent for service of process in the United States is Puglisi & Associates, 850 Library Avenue, Suite 204, Newark, Delaware 19711.”7 It was founded by Peter Wall and Mike Edwards.1 It employed 85 people in 2022.1 Its products include Bitcoin and Zcash.1 Its shares trade on Nasdaq under the symbol ARBK.1
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Last updated Oct 21, 2026.
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We were originally incorporated as GoSun Blockchain Limited, a private limited company organized under the laws of England and Wales on December 5, 2017, with company registration number 11097258. On December 21, 2017, GoSun Blockchain Limited changed its name to Argo Blockchain Limited and re-registered as a public limited company, becoming Argo Blockchain plc. We are known commercially as Argo Blockchain plc.7 From its latest annual report
From the company’s reports to the SEC. Every number links to the filing it came from.
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenues | $15.5M | $47.0M | $50.6M |
| Power and hosting costs | -$12.6M | -$32.9M | -$36.0M |
| Power Credits | $1.5M | $7.2M | |
| Depreciation - mining hardware | -$2.6M | -$14.2M | -$18.7M |
| Gross profit/(loss) | $287.0K | $1.5M | $3.1M |
| Operating Costs | -$11.1M | -$12.5M | -$18.9M |
| Gain on hedging | -$487.0K | ||
| Share based payment charge | -$2.6M | -$3.8M | -$3.9M |
| Operating profit/(loss) | -$13.4M | -$15.3M | -$19.7M |
| Gain/(loss) on sale of investments | -$842.0K | $36.0K | |
| Write off of investment | -$2.2M | ||
| Gain/(loss) on disposal of fixed assets | $634.0K | -$429.0K | |
| Investment fair value movement | -$300.0K | ||
| Finance costs | -$4.2M | -$6.8M | -$11.6M |
| Other income | $157.0K | $708.0K | $346.0K |
| Impairment of tangible fixed assets | -$609.0K | -$31.5M | -$855.0K |
| Gain/(Loss) on disposal of intangible assets | $98.0K | -$98.0K | $1.2M |
| Impairment of intangible assets | -$121.0K | -$468.0K | -$1.1M |
| Equity accounted loss from associate | -$716.0K | ||
| Gain on extinguishment of debt | $22.4M | ||
| Profit/(loss) before taxation | $4.7M | -$54.8M | -$34.6M |
| Tax credit/(expense) | $412.0K | -$340.0K | |
| Profit/(loss) after taxation | $5.1M | -$55.1M | -$34.6M |
| Currency translation reserve | -$490.0K | -$241.0K | -$1.2M |
| Total other comprehensive profit/(loss) | -$490.0K | -$241.0K | -$1.2M |
| Total comprehensive profit/(loss) attributable to the equity holders of the Company | $4.6M | -$55.3M | -$35.8M |
| Basic earnings/(loss) per share | $0.00 | -$0.09 | -$0.07 |
| Diluted earnings/(loss) per share | $0.00 | -$0.09 | -$0.07 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Investments at fair value through income or loss | $300.0K | $400.0K | ||
| Intangible fixed assets | $5.4M | $176.0K | $888.0K | |
| Property, plant and equipment | $11.3M | $7.1M | $59.7M | |
| Right of use assets | $1.9M | |||
| Total non-current assets | $18.7M | $7.5M | $61.0M | |
| Trade and other receivables | $645.0K | $2.5M | $2.5M | |
| Prepaids | $1.2M | $628.0K | $1.4M | |
| Intangible fixed assets | $42.0K | $6.0K | $385.0K | |
| Cash and cash equivalents | $2.2M | $8.6M | $7.4M | $20.1M |
| Total current assets other than assets held for sale | $4.1M | $11.7M | $11.7M | |
| Assets held for sale | $3.3M | |||
| Total Assets | $22.7M | $19.3M | $75.9M | |
| Common Stock | $38.6M | $938.0K | $712.0K | |
| Additional paid-in capital | $263.7M | $232.3M | $209.8M | |
| Share based payment reserve | $16.8M | $15.2M | $12.2M | |
| Currency translation reserve | -$31.3M | -$30.8M | -$30.5M | |
| Accumulated surplus (loss) | -$275.0M | -$247.1M | -$192.0M | |
| Total equity | $12.9M | -$29.5M | $158.0K | |
| Trade and other payables | $6.3M | $8.2M | $11.2M | |
| Income Tax | $398.0K | |||
| Loans and Borrowings | $1.6M | $857.0K | $14.3M | |
| Lease liability | $133.0K | |||
| Current liabilities | $8.1M | $9.4M | $25.5M | |
| Liabilities held for sale | $2.1M | |||
| Total current liabilities | $8.1M | $9.4M | $27.6M | |
| Issued debt - bond | $39.3M | $38.2M | ||
| Loans | $10.0M | |||
| Lease liability | $1.8M | |||
| Total liabilities | $9.8M | $48.7M | $75.8M | |
| Total equity and liabilities | $22.7M | $19.3M | $75.9M |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Investments at fair value through income or loss | $300.0K | $400.0K | ||
| Intangible fixed assets | $5.4M | $176.0K | $888.0K | |
| Property, plant and equipment | $11.3M | $7.1M | $59.7M | |
| Right of use assets | $1.9M | |||
| Total non-current assets | $18.7M | $7.5M | $61.0M | |
| Trade and other receivables | $645.0K | $2.5M | $2.5M | |
| Prepaids | $1.2M | $628.0K | $1.4M | |
| Intangible fixed assets | $42.0K | $6.0K | $385.0K | |
| Cash and cash equivalents | $2.2M | $8.6M | $7.4M | $20.1M |
| Total current assets other than assets held for sale | $4.1M | $11.7M | $11.7M | |
| Assets held for sale | $3.3M | |||
| Total Assets | $22.7M | $19.3M | $75.9M | |
| Common Stock | $38.6M | $938.0K | $712.0K | |
| Additional paid-in capital | $263.7M | $232.3M | $209.8M | |
| Share based payment reserve | $16.8M | $15.2M | $12.2M | |
| Currency translation reserve | -$31.3M | -$30.8M | -$30.5M | |
| Accumulated surplus (loss) | -$275.0M | -$247.1M | -$192.0M | |
| Total equity | $12.9M | -$29.5M | $158.0K | |
| Trade and other payables | $6.3M | $8.2M | $11.2M | |
| Income Tax | $398.0K | |||
| Loans and Borrowings | $1.6M | $857.0K | $14.3M | |
| Lease liability | $133.0K | |||
| Current liabilities | $8.1M | $9.4M | $25.5M | |
| Liabilities held for sale | $2.1M | |||
| Total current liabilities | $8.1M | $9.4M | $27.6M | |
| Issued debt - bond | $39.3M | $38.2M | ||
| Loans | $10.0M | |||
| Lease liability | $1.8M | |||
| Total liabilities | $9.8M | $48.7M | $75.8M | |
| Total equity and liabilities | $22.7M | $19.3M | $75.9M |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.10
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Loss before tax | $4.7M | -$54.8M | -$34.6M |
| Depreciation and amortisation | $3.1M | $14.9M | $20.1M |
| Foreign exchange movements | -$196.0K | -$458.0K | -$1.9M |
| Loss on disposal of tangible assets | -$634.0K | $429.0K | |
| Finance cost | $4.2M | $6.8M | $11.6M |
| Loss on sale of subsidiary and investment | $842.0K | -$36.0K | |
| Revenue from digital assets | -$15.5M | -$47.0M | -$50.6M |
| Impairment of intangible digital assets | $122.0K | $468.0K | $654.0K |
| Impairment of property, plant and equipment | $610.0K | $31.5M | $855.0K |
| Write off of investment | $2.2M | ||
| Share of loss from associate | $716.0K | ||
| Gain/(loss) on disposal and impairment of intangible assets (current) | -$54.0K | $98.0K | -$738.0K |
| Hedging (gain)/Loss | $487.0K | ||
| Interest received | -$92.0K | -$307.0K | |
| Stock based compensation expense | $2.6M | $3.8M | $3.9M |
| Gain on extinguishment of debt | -$22.4M | ||
| Gain on disposal of intangible fixed assets (non current) | -$1.0K | ||
| Fair value movements on digital assets held | -$42.0K | ||
| Fair value loss on investment | $300.0K | ||
| (Increase)/decrease in trade and other receivables | $1.2M | $756.0K | -$1.2M |
| Increase/(decrease) in trade and other payables | -$3.0M | -$2.3M | $1.0M |
| Net cash generated from operating activities | -$25.0M | -$44.8M | -$48.0M |
| Interest received | $15.0K | $307.0K | |
| Purchase of hedging instruments | -$1.0M | ||
| Proceeds from sale of hedging instruments | $487.0K | ||
| Proceeds from sale of digital assets | $15.4M | $47.6M | $51.9M |
| Proceeds from sale of investment/subsidiary | $6.7M | $50.0K | |
| Purchase of tangible fixed assets | -$126.0K | -$1.1M | |
| Proceeds from disposal of intangible fixed assets | $31.0K | ||
| Proceeds from disposal of tangible fixed assets | $2.3M | $891.0K | |
| Net cash used in investing activities | $17.6M | $55.0M | $50.8M |
| Increase in loans | $1.3M | $1.4M | |
| Proceeds from borrowings | $5.3M | ||
| Loan repayments | -$399.0K | -$26.2M | -$14.1M |
| Interest paid | -$1.9M | -$6.2M | -$10.7M |
| Proceeds from common stock issued - net of issue costs | -$1.9M | $21.9M | $7.5M |
| Net cash (used in) generated from financing activities | $1.1M | -$9.3M | -$15.8M |
| Net (decrease) increase in cash and cash equivalents | -$6.3M | $902.0K | -$12.9M |
| Effect of foreign exchange on cash and cash equivalents | -$93.0K | $281.0K | $281.0K |
| Recognition of right of use assets and corresponding lease liabilities | $1.9M | ||
| Tangible fixed assets acquired through the issue of equity | $9.5M | ||
| Intangible fixed assets acquired through the issue of equity | $5.4M | ||
| Total Material non-cash movements | $66.8M |
No quarter-by-quarter statement was filed.
Argo Blockchain sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Argo Blockchain
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What Argo Blockchain reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $7.1M9 Dec 31, 2024 | $59.7M9 Dec 31, 2023 | −88.2% |
Founded by Mike Edwards and Peter Wall in 2016.1
Who has led Argo Blockchain, and when. Pick a name to see everywhere that person has worked.
People the company listed in its private-offering notices.
Listed on Wikidata.1
211 filings to the SEC since October 2021: 7 annual reports, 4 large holders, 3 private raises, 197 other. The latest 20:
The 211 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2024 | $9.0M | $9.0M |
| 2021 | $10.0M | $10.0M |
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Susquehanna International Group, Llp | 51,751 | $196.7K | 0.0% | +4,119 |
| Axecap Investments, LLC | 29,336 | $111.5K | 0.1% | New |
| Creative Planning | 20,005 | $76.0K | 0.0% | New |
| Rhumbline Advisers | 749 | $2.8K | 0.0% | No change |
| Morgan Stanley | 174 | $661 | 0.0% | −2,514 |
| SBI Securities Co., Ltd. | 68 | $258 | 0.0% | +62 |
| Farther Finance Advisors, LLC | 8 | $30 | 0.0% | +7 |
13F reports cover disclosed long positions in U.S. stocks only.
How Argo Blockchain is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
FWP (3), 20-F/A (2), 424B4 (2), 6-K/A (2), 8-A12B (2), CERT (2), DRS (2), DRS/A (2), F-1 (2), F-6 (2), NT 20-F (2), 25-NSE (1), 8-A12B/A (1), CT ORDER (1), D/A (1), S-8 (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary shares, nominal value of £0.001 per share | Nasdaq | |
| American Depository Shares, each representing 2,160 ordinary shares | ARBK | Nasdaq |
From the cover page of the 20-F filed Apr 30, 2026 (Section 12(b) of the Exchange Act).7
The numbers on this page point here. Each one links to the record it came from.