First Mover Americas: Bitcoin's on a Tear, Up 30% in 2 Weeks

First Mover Americas: Bitcoin’s on a Tear, Up 30% in 2 Weeks


Shares of bitcoin miner Argo Blockchain (ARBK) rose as much as 14% on Monday after the company gained listing compliance with Nasdaq, thanks to a late December deal with Galaxy Digital to avoid bankruptcy and the recent rise in the price of bitcoin. Argo, whose shares are also listed on the London Stock Exchange, said it met the requirement to continue listing its shares on Nasdaq on Jan. 13, after bids for its shares remained above $1 for 10 consecutive days, according to a statement.

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