Argo Blockchain shares surge 16.79% after-hours as company adjusts ADS ratio to regain Nasdaq compliance.

Argo Blockchain surged 16.79% in after-hours trading following the announcement of a planned adjustment to its American Depositary Shares (ADS) ratio, aligning with Nasdaq listing requirements. The company disclosed that one ADS will represent 2,160 ordinary shares instead of ten, effective 12 December 2025. This structural change aims to restore compliance with Nasdaq’s minimum share price standards, averting potential delisting and signaling proactive measures to sustain its dual-listing on the LSE and NASDAQ. As a blockchain technology firm focused on large-scale cryptocurrency mining, Argo’s move underscores efforts to stabilize its market presence amid regulatory scrutiny. The significant after-hours rally reflects investor optimism that the adjustment will preserve the company’s access to U.S. capital markets, despite broader challenges in the crypto sector.