Argo is a publicly traded Bitcoin mining company co-founded by Jonathan Bixby and Mike Edwards, originally incorporated as GoSun Blockchain Limited before being renamed and re-registered as Argo Blockchain Plc. Argo's Twitter Score is 21 out of 1000 as of August 2026, ranking #46,239 (top 10%) among 483,652 tracked accounts.
Argo was initially built around selling mining capacity as a service, but wound down that model in 2019 and pivoted to mining cryptocurrency for its own account. The company derives the majority of its net revenue from Bitcoin transaction fees and block rewards. Argo owns and operates the Baie-Comeau mining data center in Quebec, a facility described in its 2025 annual report as exceeding 40,000 square feet with 15 MW of power capacity sourced from roughly 99% renewable energy.
Argo underwent significant financial restructuring in the years following a period of acute capital pressure. In December 2022, the company sold its Helios facility to Galaxy Digital Holdings Ltd. for $65 million, simultaneously securing a $35 million asset-backed loan from Galaxy and entering a two-year hosting arrangement for its mining machines at that site. Argo fully repaid that Galaxy debt by 2024 through operating cash flows, equity raises, and asset disposals. A securities class action filed in January 2023, which alleged false or misleading statements regarding the company's capital constraints, costs, and business prospects, was dismissed with prejudice in October 2024. Argo also previously had an affiliation with NYDIG ABL LLC.
Argo completed a formal restructuring sanctioned by the High Court of Justice in England and Wales on December 10, 2025, which became effective December 12, 2025. The plan recapitalized the company, converted a loan held by Growler Mining Tuscaloosa, LLC into equity, equitized Argo's 8.75% senior notes due 2026, and made Growler the controlling shareholder. Following a March 2026 subscription, Growler beneficially owned approximately 88.59% of Argo's issued ordinary shares as of April 29, 2026. Concurrent with the restructuring, Argo's ordinary shares were delisted from the London Stock Exchange on December 12, 2025, with a matched-bargain facility established through JP Jenkins. Nasdaq notified Argo in January 2026 that it had regained compliance with the minimum-bid-price rule and remained listed on the Nasdaq Global Select Market under the ticker ARBK. Argo has publicly warned that scammers have misused its name to solicit investors, and states it operates no retail-oriented mining programs or applications. Argo's account has 28,637 followers as of August 2026 and 1,700 posts, and has been mentioned by 102 accounts a total of 279 times.
Argo's portfolio includes Emergent Entertainment, UNIX Corp and Luxortechteam.
Who follows Argo on X?
The accounts that follow Argo include 81 founders, 8 angel investors, 47 influencers and 3 VCs, among them Loomdart, Mike Novogratz, Mario Nawfal, Adam Back, Matthew Graham and Julien B.