Can Argo Blockchain shares keep climbing?
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It’s been a very busy year so far for
Argo Blockchain(LSE: ARB). Since the start of 2021, the cryptocurrency miner has released a plethora of announcements. And this week it announced its full-year results.
I reckon Argo Blockchain shares can keep climbing and I’d buy the stock. But I think its worth taking a closer look at the 2020 numbers.
US$12.3 TRILLION out of thin air…
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The results
I’m not surprised with the overall positive set of figures. Last year was transformational for the company. Total revenue for 2020 increased by 120% to £19m.
Dispersion Holdings, an investment company specialising in decentralised finance (DeFi) and established by the co-founders of Argo Blockchain plc, is pleased to announce that dealings in its ordinary shares will commence on the Aquis Stock Exchange Growth Market (AQSE) from 8am today, 30 April 2021. The shares will be traded under the ticker symbol DEFI. The ISIN code is GB00BN6JHS87, and the SEDOL code is BN6JHS8. The Company has been admitted to the Access segment of the AQSE following a placing and subscription at 3p per share, that raised a combined £9 million. The Company previously raised £2.2 million before expenses in a pre-IPO fundraising round.
Date
30/04/2021
Dispersion Holdings, an investment company specialising in decentralised finance (DeFi) and established by the co-founders of Argo Blockchain plc, is pleased to announce that dealings in its ordinary shares will commence on the Aquis Stock Exchange Growth Market (AQSE) from 8am today, 30 April 2021.
The shares will be traded under the ticker symbol DEFI. The ISIN code is GB00BN6JHS87, and the SEDOL code is BN6JHS8.
The Company has been admitted to the Access segment of the AQSE following a placing and subscription at 3p per share, that raised a combined £9 million. The Company previously raised £2.2 million before expenses in a pre-IPO fundraising round.
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DeFi Focused Firm Dispersion Holdings Trades on Aquis Stock Exchange Growth Market
DeFi firm
Aquis Stock Exchange Growth Market (AQSE).
Aquis Exchange is authorised and regulated by the UK Financial Conduct Authority and France’s
Autorité des Marchés Financiers to operate Multilateral Trading Facility businesses in the UK and in EU.
Dispersion Holdings, founded by creators of the
Argo Blockchain plc, is looking to identify investment opportunities in the high-growth Fintech sector within the UK, the USA, and Canada. The Board intends to deploy the majority of the company’s cash resources in the acquisition of minority interests in a number of different, yet to be identified, companies in the Fintech sector. The company believes that DeFi is a disruptive technology that uses the blockchain and cryptocurrencies to remove financial intermediaries from transactions creating a quicker, cheaper, more efficient, and more secure way of providing financial services. The compa