Argo Blockchain announced that CEO Peter Wall is stepping down after serving the company for three years.

 







Argo Blockchain announced that CEO Peter Wall is stepping down after serving the company for three years. 

Seif El-Bakly will serve as an Interim CEO, and Matthew Shaw will become Chairman of the Board. 

 

  • Two executives have left the company in just over a week, as last week, CFO Alex Appleton announced his departure. 
  • The company sold Helios to Galaxy Digital for $65M. "I am pleased to have recently led the successful Galaxy deal," says CEO Peter Wall in his departure notice. 
  • Extreme weather conditions in Texas around Christmas impacted mining operations; the company's 147 BTC mined in December was 25% less than in November. 

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