Company: ARBK
Filing Date: 2025-05-09
Form Type: 6-K
Source: 0001654954-25-005344
Chunk: 73

Company: Argo Blockchain Plc
Filing Date: 2025-05-09
Form: 6-K
Chunk 73
---

Fair value measurements are disclosed according to the following fair value measurement hierarchy:

●

Quoted prices (unadjusted) in active markets for identical assets or liabilities (Level 1)

●

Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (that is, as prices), or indirectly (that is, derived from prices) (Level 2)

●

Inputs for the asset or liability that are not based on observable market data (that is, unobservable inputs) (Level 3). This is the case for unlisted equity securities.

The following table presents the Group’s assets that are measured at fair value at 31 December 2024 and 31 December 2023.

|                                   | Level 
 1     | Level 
     2 | Level 
     3 | Total |
| Assets                            | $’000 | $’000 | $’000 | $’000 |
| Financial assets at               
 fair value through profit or loss |       |       |       |       |
| -       Equity                    
 holdings                          | -     |     - |   300 |   300 |
| -       Digital                   
 assets                            | -     |     6 |     - |     6 |
| Total                             
 at 31 December 2024               | -     |     6 |   300 |   306 |

|                                   | Level 
 1     | Level 
     2 | Level 
     3 | Total |
| Assets                            | $’000 | $’000 | $’000 | $’000 |
| Financial assets at               
 fair value through profit or loss |       |       |       |       |
| -       Equity                    
 holdings                          | -     |     - |   400 |   400 |
| -       Digital                   
 assets                            | -     |   385 |     - |   385 |
| Total                             
 at 31 December 2023               | -     |   385 |   400 |   785 |

All financial assets are in listed and unlisted securities and digital assets. There were no transfers between levels during the period.

The Group recognises the fair value of financial assets at fair value through profit or loss relating to unlisted investments at the cost of investment unless:

●

There has been a specific change in the circumstances which, in the Group’s opinion, has permanently impaired the value of the financial asset. The asset will be written down to the impaired value;

●