UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
FORM 6-K
_____________________
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of February, 2025
Commission File Number: 001-40816
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Argo Blockchain plc
(Translation of registrant’s name into English)
_____________________
Eastcastle House
27/28 Eastcastle Street
London W1W 8DH
England
(Address of principal executive office)
_____________________
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒
Form 40-F
☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBIT INDEX
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Exhibit
No.
1
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Description
Hosting
Update dated 24 February 2025
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Press Release
24 February 2025
Argo Blockchain plc
("Argo" or "the Company")
Hosting Update
Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK) is pleased to announce
that it has amended its hosting arrangement with Merkle Standard
LLC ("Merkle") to host a total of 8,113 S19J Pro miners at Merkle's
Memphis, Tennessee location, up from the initial 5,293 reported in
January. These miners, previously hosted by the Company at
Helios, will be deployed during the months of February and March
for a minimum one year term. As previously disclosed, an additional
2,500 S19J Pro miners will be hosted at our Baie Comeau, Quebec
facility where the Company currently has available
capacity.
By the end of March, after these deployments, the Company expects
46% of the approximately 23,000 miners previously hosted at Helios
to be operational.
With the refurbishment process underway and hosting arrangements in
place, Argo's hashrate is expected to steadily increase during the
months of February and March. Ongoing discussions to host the
remaining miners continue and the Company will update the market on
further install plans as progress is made.
This announcement contains inside information.
For further information please contact:
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Argo
Blockchain
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Investor
Relations
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Tennyson
Securities
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Corporate
Broker
Peter
Krens
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+44
207 186 9030
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Fortified
Securities
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Joint
Broker
Guy
Wheatley, CFA
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+44
7493 989014
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Tancredi
Intelligent Communication
UK
& Europe Media Relations
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About Argo:
Argo Blockchain plc is a dual-listed (LSE: ARB; NASDAQ: ARBK)
blockchain technology company focused on large-scale cryptocurrency
mining. With a mining facility in Quebec and offices in the US,
Canada, and the UK, Argo's global, sustainable operations are
predominantly powered by renewable energy. In 2021, Argo became the
first climate positive cryptocurrency mining company, and a
signatory to the Crypto Climate Accord. For more information,
visit www.argoblockchain.com.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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Date:
24 February, 2025
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ARGO BLOCKCHAIN PLC
By:
/s/ Jim
MacCallum
Name:
Jim MacCallum
Title:
Chief Financial Officer
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