The company's shares have already been listed on the London Stock Exchange, and now Argo Blockchain is launching an IPO in the United states.
Argo Blockchain has placed 7,500,000 American Depositary Receipts, equal to 75,000,000 common shares, on the Nasdaq Global Market under the ticker ARBK.
Argo common stock was quoted at £ 1.334 at close of trade yesterday. This means that a successful IPO could raise over £ 100 million.
Argo is currently building a mining farm in Texas with a capacity of 200 megawatts.
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According to the materials www.theblockcrypto.com