Company: ARBK
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001104659-25-049311
Chunk: 87

Company: Argo Blockchain Plc
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4A
Chunk 87
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 rules.

Information Reporting With Respect to Foreign Financial Assets

Certain U. S. Holders may be required to report information relating to an interest in “specified foreign financial assets,” which include an interest in our ordinary shares or ADSs, subject to certain exceptions (including an exception for ordinary shares or ADSs held in accounts maintained by certain U. S. financial institutions). Persons who are required to report specified foreign financial assets and fail to do so may be subject to substantial penalties. U. S. Holders should consult their tax advisers regarding the effect, if any, of this legislation on their ownership and disposition of the ordinary shares or ADSs.

  Dividends and Paying Agents  

Not applicable.

  Statement of Experts  

Not applicable.

  Documents on Display  

The documents concerning the Company which are referred to in this Annual Report may be inspected at the Company’s offices located at Eastcastle House, 27/28 Eastcastle Street, London, England W1W 8DH.

The Company files reports, including annual reports on Form20-F, furnishes current reports on Form6-K and discloses other information with the SEC pursuant to the rulesand regulations of the SEC that apply to foreign private issuers. These may be accessed by visiting the SEC’s website at www. sec. gov.

The Company also makes available on its investor relations webpage, free of charge, its Annual Report and the text of its reports on Form 6 - K, including any amendments to these reports, as well as certain other SEC filings, as soon as reasonably practicable after they are electronically filed with or furnished to the SEC. The information contained on the Company’s website is not incorporated by reference in this Annual Report.

  Subsidiary Information  

Not applicable.

  Annual Report to Security Holders  

Not applicable

Table of Contents

Item 11. Quantitative and Qualitative Disclosures About Market Risk

Market Value of Bitcoin and other Cryptocurrency Risk

Substantially all of our current business is focused on mining Bitcoin. Our revenue is primarily comprised of the value of Bitcoin rewards and transaction fees we earn by mining the blockchain, and, as of December 31, 2024, less than 2% of our total assets were represented by our holdings of Bitcoin and other cryptocurrencies in treasury. Our operating results and financial condition are affected by fluctuations and long-term trends in the value of Bitcoin and, to a lesser extent, other cryptocurrency. Each cryptocurrency has its own unique dynamic in terms of valuation, reward rates and similar factors. Any