Share this article
Argo CEO Named Interim Chairman With US Share Sale Planned
Earlier this month the company submitted a draft registration statement to the SEC for the sale of American Depositary Shares.
Updated Sep 14, 2021, 1:32 p.m. Published Jul 29, 2021, 8:52 a.m. 1 min read
Argo Blockchain, the U.K.-listed crypto mining company that's planning a U.S. share sale this quarter, named CEO Peter Wall as interim chairman and expanded its board of directors.
- Wall replaces Ian Macleod until a new candidate is identified, the company said in a statement.
- The company, based in London, also appointed Finance Director Alex Appleton to the board and named Perry Hothi as chief technology officer.
- Three non-executive directors joined: Colleen Sullivan, the CEO of CMT Digital, Maria Perrella, previously the CFO of Canada-based MDA, and Sarah Gow, a former executive at Citigroup Asset Management.
- Non-executive directors James Savage and Marco D'Attanasio left the company.
- Earlier this month Argo submitted a draft registration statement to the U.S. Securities and Exchange Commission (SEC) for the sale of yet-to-be-determined number American Depositary Shares.
See also: Argo Blockchain Secures $20M Bitcoin-Backed Loan to Expand Texas Data Center
Plus pour vous
The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.
Ce qu'il:
- Bitcoin volatility has dropped from around 120 in 2017 to 35 as institutional participation and options markets add stability to the asset.
- Mayer believes lower volatility makes bitcoin more investable for corporations, family offices, and institutional investors.
- Despite long-term concerns around miner security incentives and quantum computing, Mayer remains bullish...
Top Stories
