The rapid growth enjoyed by the blockchain industry has now prompted many investors to look into potential ‘blockchain plays’ and one stock that could be looked into is that of Argo Blockchain PLC (OTC: ARBKF).
The stock has been on a remarkable run over the past two months and during that period, it has delivered gains of as big as 1600%. Over the past two weeks, it has recorded growth of 185%. In such a situation, it could be worthwhile for investors to keep an eye on the stock.
Last month’s, the company’s executive Peter Wall spoke about the company’s plans and the sort of progress it has been able to make in recent times. Wall stated that Argo has managed to build up a ‘solid foundation’ over the course of the past three years or so. Consequently, the company is now in a position to take advantage of the current opportunity that has been presented in the blockchain space.