Argo Blockchain Shares Drop to $6.51 After Delisting
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
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Shares of Argo Blockchain are down $24.16 to $6.51 in late morning trading after the company's delisting in London went in to effect today and its ratio to the American depository receipts changed. The ratio of shares to ADSs changed from 10:1 to 2,160:1, so that one ADS will represent 2,160 shares.
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Analyst Views on ARBK
About ARBK
Argo Blockchain plc is a United Kingdom-based blockchain technology company focused on large-scale mining of Bitcoin. It mines using purpose-built computers (or mining machines) to solve complex cryptographic algorithms (or verify or solve blocks) on the blockchain in exchange for rewards and fees denominated in the native token of that blockchain network. Its mining fleet primarily consists of Bitmain Antminer S19, S19 Pro, S19J Pro, and ePIC BlockMiners, all of which utilize advanced application-specific-integrated-circuits (ASICs) designed specifically for cryptocurrency mining. Its fleet of miners is operational in its Quebec facility, with additional hosted sites in North America. Its Baie Comeau location is over 40,000 square feet and operates around 15 megawatts (MW). The Baie Comeau hydroelectric dam generates 100% renewable power. The Company's subsidiaries include Argo Innovation Labs Inc., Argo Operating US LLC, and Argo Holdings US Inc.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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