Shares of Argo Blockchain (ARBK) fell 8.38% on Nasdaq following the departure of interim CEO and COO Seif El-Bakli.

- El-Bakli’s departure led to a decrease in the company’s capitalization to $183.7 million

- In December 2023, the company mined 155 bitcoins, which is 4% more than in November

- Mining revenues in December amounted to $6.6 million, up 25% from the previous month and the highest for the year

- Argo Blockchain issued 38 million shares, raising $9.9 million in gross funds for working capital, debt repayment and other corporate purposes