An unknown buyer entered into an agreement to acquire Data center located in Mirabel, Quebec from Argo Blockchain plc (LSE:ARB) for $6.1 million on March 5, 2024. The net proceeds from the Transaction are expected to first repay the Mirabel Facility's outstanding mortgage in full, with the remainder expected to be used to repay debt owed to Galaxy Digital Holdings, Ltd. The Transaction is expected to close by the end of March 2024 upon the successful completion of customary closing conditions, including entry into a definitive share purchase agreement and certain regulatory approvals.
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5-day change | 1st Jan Change | ||
12 GBX | +7.14% | 0.00% | -58.62% |
Apr. 26 | HC Wainwright Downgrades Argo Blockchain to Neutral From Buy | MT |
Apr. 25 | Transcript : Argo Blockchain plc, 2023 Earnings Call, Apr 25, 2024 |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-58.62% | 86.34M | |
-17.28% | 5.2B | |
+74.34% | 4.33B | |
-1.34% | 3.64B | |
-22.88% | 3.02B | |
+8.96% | 1.31B | |
-33.96% | 786M | |
-35.60% | 754M | |
+2.92% | 747M | |
-30.39% | 698M |
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- An unknown buyer entered into an agreement to acquire Data center located in Mirabel, Quebec from Argo Blockchain plc for $6.1 million.