₿$73,459.79▼ 0.12%
Argo Blockchain plc
ARBK🇬🇧Reserve
Argo Blockchain plc is a UK-based cryptocurrency mining company operating Bitcoin mining infrastructure in North America. BTC holdings are retained from mining operations rather than purchased through capital raising.
BTC Holdings
0.475 BTC
Insufficient history
Stock PriceUpdated 11h ago
$3.85▲ 4.34%
180d
Total financing
438.00K USD
180d
mNAV
1617.71x▲ 4.46%
180d
Leverage
0.0%
180d
BTC Risk
0.00%>10x
Sats/Share
3
180d
Mkt cap
56.45M USD
Shares
14.66M
Fiat reserve
2.20M USD
Total reserve
2.24M USD
Dilution
0.2%
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
IFRSAnnualAs of 2025-12-31
Balance Sheet
Total Assets$22.7M▲18.0%
Total Liabilities$9.8M▼79.8%
Stockholders' Equity$12.9M▲143.8%
Cash & Equivalents$2.2M▼74.4%
Total Debt$1.6M▼96.0%
Digital Assets$42K
Income Statement
Revenue$15.5M▼67.0%
Operating Income$-13.4M▲12.6%
Net Income$5.1M▲109.2%
Interest Expense$4.2M▼38.3%
Cash Flow
Operating Cash Flow$-25M▲44.2%
Instruments
ARBK-QCMtg
—
Outstanding
438.00K USD
BTC Rating
>10x
Total
438.00K USD
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| ARBK-QCMtg | — | — | — | 438.00K USD | >10x |
| Total | 438.00K USD | ||||
Recent Changes
Thu, Mar 26, 2026
Shares Outstanding
28.86B→31.61B+2.75B(+9.5%)
+1,274,863 ADSs via $5M subscription facility ($2.5M draw + $1.26M true-up at $2.948/ADS). Growler 88.59%.
Form 6-K ($5M subscription facility & share issuance)Debt OutstandingConversionARBK-Bridge25
1.2M→0-1.2M(-100.0%)
Form 20-F (2025)
Wed, Dec 31, 2025
BTC Holdings
2→0.475-1.525 BTC(-76.3%)
Implied count: $42,000 fair value / $88,423.54 per BTC (Dec 31, 2025 spot) = 0.475 BTC. Filing discloses Bitcoin fair value only, not unit count.
Form 20-F (2025)Shares Outstanding
28.86B→28.86B-2(-0.0%)
20-F official year-end figure. 2 shares lower than 2025-12-15 post-restructuring snapshot (28,857,673,162); attributed to restructuring rounding. ADS ratio 2,160:1 carried forward.
Form 20-F (2025)Debt OutstandingRepaymentARBK-QCMtg
472.0K→438.0K-34.0K(-7.2%)
Form 20-F (2025)
Debt OutstandingDrawARBK-Bridge25
1.2M
Form 20-F (2025)
Fiat Reserve
1.7M→2.2M+550.0K(+33.3%)USD
Cash and cash equivalents per IFRS consolidated balance sheet. Stored in USD ($'000 → raw). Mirror of cash_and_equivalents in financial_snapshots.
Form 20-F (2025)Tue, Dec 16, 2025
Debt OutstandingRepaymentARBK-QCMtg
658.0K→472.0K-186.0K(-28.3%)
Form 6-K (restructuring plan closing & notes exchange)
Mon, Dec 15, 2025
Shares Outstanding
720.4M→28.86B+28.14B(+3905.9%)
Post-restructuring. ADS ratio changed 10:1 to 2,160:1 effective Dec 12. 25.25B shares to Growler, 2.89B to noteholders via notes exchange. Growler 87.5%.
Form 6-K (restructuring plan closing & notes exchange)Debt OutstandingRedemptionARBKL-Nov26
40.0M→0-40.0M(-100.0%)
Mandatorily exchanged into 1,335,980 ADSs (~10% post-restructuring equity) per court-sanctioned restructuring plan
Form 6-K (restructuring plan closing & notes exchange)