Argo Blockchain, a cryptocurrency mining firm, has mistakenly publicized its bankruptcy filing.
Will Foxley, Content Manager at Compass Mining, tweeted an image of an Argo Blockchain special announcement on Dec.
Screenshots from a Foxley document reveal that the firm is ready to file for bankruptcy.
Furthermore, on December 9, the UK’s Financial Conduct Authority (FCA) briefly halted the firm shares following the company’s November revenue decrease.
They said in late October that a deal to raise $27 million from a strategic investor had fallen through, driving the company’s stock down more than 70%.
When Argo announced a series of actions, including the sale of bitcoin mining machines, its stock began to fall in early October.
According to the November update, the company mined 198 bitcoins for the month, down from 204 BTC mined in October.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…
Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
This website uses cookies.
