Bitcoin News Today: Argo Blockchain Fails to Meet Nasdaq Bid Price Requirement Triggering Delisting Process

Nasdaq has initiated delisting proceedings against Argo Blockchain, a UK-based Bitcoin miner listed on the US exchange, following its failure to maintain the minimum $1.00 bid price for its American Depositary Shares (ADSs). The company received a non-compliance notice on January 16, 2025, after its stock closed below the threshold for 30 consecutive business days. Nasdaq granted Argo a 180-day cure period, which expired on July 15, 2025. Despite a brief rebound in mid-July, Argo’s share price ended the period below the required level, triggering the delisting process [1].

In response, Argo has requested a hearing before the Nasdaq Hearings Panel to appeal the decision, a move that temporarily halts delisting actions. However, the company has acknowledged that there is no assurance it will meet Nasdaq’s listing requirements or succeed in the appeal process [2]. This uncertainty highlights the ongoing financial challenges Argo faces, with its stock having declined from $15.00 at its 2021 IPO to approximately $0.31 as of late July 2025, resulting in a total market capitalization of around $23 million [3].

The potential delisting could significantly impact Argo’s access to capital and investor visibility. If the company’s shares are removed from Nasdaq, liquidity could diminish, price transparency could decline, and its international growth prospects may be constrained. Analysts have noted that delisting could also make it harder for Argo to attract new investment or maintain its presence in the competitive Bitcoin mining industry [4].

Argo’s situation reflects broader struggles within the crypto sector, where publicly traded companies have faced declining valuations and market volatility. While the firm remains active in Bitcoin mining, its ability to sustain a public listing will depend on its capacity to implement effective strategies that stabilize and raise its stock price. Investors and market observers are now focused on the outcome of Argo’s hearing request and any future steps the company may take to meet Nasdaq’s requirements [5].

Sources:

[1] AInvest, [https://www.ainvest.com/news/argo-blockchain-48-3-stock-price-drop-fails-meet-nasdaq-1-bid-requirement-triggering-delisting-threat-2507/](https://www.ainvest.com/news/argo-blockchain-48-3-stock-price-drop-fails-meet-nasdaq-1-bid-requirement-triggering-delisting-threat-2507/)

[2] AInvest, [https://www.ainvest.com/news/argo-blockchain-faces-nasdaq-delisting-adrs-drop-61-8-0-382-1-00-floor-2507/](https://www.ainvest.com/news/argo-blockchain-faces-nasdaq-delisting-adrs-drop-61-8-0-382-1-00-floor-2507/)

[3] Binance, [https://www.binance.com/en/square/post/07-30-2025-argo-blockchain-faces-nasdaq-delisting-due-to-low-stock-price-27620776868634](https://www.binance.com/en/square/post/07-30-2025-argo-blockchain-faces-nasdaq-delisting-due-to-low-stock-price-27620776868634)

[4] Binance, [https://www.binance.com/en-AE/square/news/all](https://www.binance.com/en-AE/square/news/all)

[5] The, [https://m.economictimes.com/crypto-news-today-live-30-jul-2025/liveblog/122982426.cms](https://m.economictimes.com/crypto-news-today-live-30-jul-2025/liveblog/122982426.cms)