Justin Nolan recently served as CEO at Arkon Energy and previously helped develop Argo's Helios project.
Now he returns to lead the cryptocurrency mining company's efforts to get back to profitability.
The publicly-listed
Bitcoin (BTC) mining company Argo Blockchain (LSE: ARB; NASDAQ: ARBK) has appointed Justin
Nolan as its new Chief Executive Officer (CEO) and Director, effective
immediately, the company announced today (Monday).
Justin Nolan Returns to
Argo Blockchain as New CEO
Nolan, who
previously served as Argo's Chief Growth Officer, rejoins the company after a
stint as CEO at Arkon Energy, a digital infrastructure firm. His appointment
marks an important move for Argo as it looks to strengthen its position in the
competitive cryptocurrency mining sector and regain profitability.
Matthew Shaw, Chairman of the Board at Argo Blockchain
“We
are delighted to welcome Justin back to Argo at this pivotal time for the
Company,” said Matthew Shaw, Argo's chairman. “His deep industry
expertise, strategic vision, and leadership in scaling mining operations make
him the ideal leader for our next phase of growth.”
Nolan
brings significant experience in the cryptocurrency mining industry, having
previously played a key role in expanding Argo's operations during his tenure
as Chief Growth Officer from April 2022 to January 2023. Before that, he served
as Vice President of Business Development at the company.
Although
Argo has not yet published its full report for 2024, the
most current one for Q3 leaves no doubt: the situation is difficult. Like
the entire crypto industry, Argo is struggling with margins: on the one hand,
mining costs and difficulty are increasing, while on the other hand, the
current Bitcoin correction isn't helping to increase revenue.
In Argo's
case, Q3 saw a revenue reduction of almost 30% to $7.5 million. During this
period, the company was mining an average of 1.3 BTC per day. Mining margins
shrank from 58% to 8%, and the net loss deepened to $6.3 million.
However,
the new CEO sees a light at the end of the tunnel.
“Argo Has a Strong
Foundation”
Nolan’s
history with Argo extends to the development of the Helios project, which he
initially co-founded through DPN LLC before Argo acquired it in March 2021.
This project has been a significant part of Argo's operational footprint.
“I am
honored to rejoin Argo as CEO and lead the Company into its next chapter,”
Nolan said. “Argo has a strong foundation, a talented team, and a
commitment to operational excellence. I look forward to working closely with
the Board and our stakeholders to drive innovation, enhance efficiency, and
create sustainable value for shareholders.”
As part of
his compensation package, Nolan has been awarded 22,250,000 performance share
units (PSUs) relating to the company's ordinary shares. These PSUs will vest
over a three-year period, subject to his continued employment and satisfaction
of performance conditions specific to his role.
The publicly-listed
Bitcoin (BTC) mining company Argo Blockchain (LSE: ARB; NASDAQ: ARBK) has appointed Justin
Nolan as its new Chief Executive Officer (CEO) and Director, effective
immediately, the company announced today (Monday).
Justin Nolan Returns to
Argo Blockchain as New CEO
Nolan, who
previously served as Argo's Chief Growth Officer, rejoins the company after a
stint as CEO at Arkon Energy, a digital infrastructure firm. His appointment
marks an important move for Argo as it looks to strengthen its position in the
competitive cryptocurrency mining sector and regain profitability.
Matthew Shaw, Chairman of the Board at Argo Blockchain
“We
are delighted to welcome Justin back to Argo at this pivotal time for the
Company,” said Matthew Shaw, Argo's chairman. “His deep industry
expertise, strategic vision, and leadership in scaling mining operations make
him the ideal leader for our next phase of growth.”
Nolan
brings significant experience in the cryptocurrency mining industry, having
previously played a key role in expanding Argo's operations during his tenure
as Chief Growth Officer from April 2022 to January 2023. Before that, he served
as Vice President of Business Development at the company.
Although
Argo has not yet published its full report for 2024, the
most current one for Q3 leaves no doubt: the situation is difficult. Like
the entire crypto industry, Argo is struggling with margins: on the one hand,
mining costs and difficulty are increasing, while on the other hand, the
current Bitcoin correction isn't helping to increase revenue.
In Argo's
case, Q3 saw a revenue reduction of almost 30% to $7.5 million. During this
period, the company was mining an average of 1.3 BTC per day. Mining margins
shrank from 58% to 8%, and the net loss deepened to $6.3 million.
However,
the new CEO sees a light at the end of the tunnel.
“Argo Has a Strong
Foundation”
Nolan’s
history with Argo extends to the development of the Helios project, which he
initially co-founded through DPN LLC before Argo acquired it in March 2021.
This project has been a significant part of Argo's operational footprint.
“I am
honored to rejoin Argo as CEO and lead the Company into its next chapter,”
Nolan said. “Argo has a strong foundation, a talented team, and a
commitment to operational excellence. I look forward to working closely with
the Board and our stakeholders to drive innovation, enhance efficiency, and
create sustainable value for shareholders.”
As part of
his compensation package, Nolan has been awarded 22,250,000 performance share
units (PSUs) relating to the company's ordinary shares. These PSUs will vest
over a three-year period, subject to his continued employment and satisfaction
of performance conditions specific to his role.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
Thomas Kareklas Joins BridgeWise to Lead Expansion Into CFD Broker Segment
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Hannah Hill on Innovation, Branding & Award-Winning Technology | Executive Interview | AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Recorded live at FMLS:25, this executive interview features Hannah Hill, Head of Brand and Sponsorship at AXI, in conversation with Finance Magnates, following AXI’s win for Most Innovative Broker of the Year 2025.
In this wide-ranging discussion, Hannah shares insights on:
🔹What winning the Finance Magnates award means for AXI’s credibility and innovation
🔹How the launch of AXI Select, the capital allocation program, is redefining industry standards
🔹The development and rollout of the AXI trading app across multiple markets
🔹Driving brand evolution alongside technological advancements
🔹Encouraging and recognizing teams behind the scenes
🔹The role of marketing, content, and social media in building product awareness
Hannah explains why standout products, strategic branding, and a focus on innovation are key to growing visibility and staying ahead in a competitive brokerage landscape.
🏆 Award Highlight: Most Innovative Broker of the Year 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #MostInnovativeBroker #TradingTechnology #FinTech #Brokerage #ExecutiveInterview #AXI
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
Executive Interview | Dor Eligula | Co-Founder & Chief Business Officer, BridgeWise | FMLS:25
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
In this session, Jonathan Fine form Ultimate Group speaks with Dor Eligula from Bridgewise, a fast-growing AI-powered research and analytics firm supporting brokers and exchanges worldwide.
We start with Dor’s reaction to the Summit and then move to broker growth and the quick wins brokers often overlook. Dor shares where he sees “blue ocean” growth across Asian markets and how local client behaviour shapes demand.
We also discuss the rollout of AI across investment research. Dor gives real examples of how automation and human judgment meet at Bridgewise — including moments when analysts corrected AI output, and times when AI prevented an error.
We close with a practical question: how retail investors can actually use AI without falling into common traps.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Brendan Callan joined us fresh off the Summit’s most anticipated debate: “Is Prop Trading Good for the Industry?” Brendan argued against the motion — and the audience voted him the winner.
In this interview, Brendan explains the reasoning behind his position. He walks through the message he believes many firms avoid: that the current prop trading model is too dependent on fees, too loose on risk, and too confusing for retail audiences.
We discuss why he thinks the model grew fast, why it may run into walls, and what he believes is needed for a cleaner, more responsible version of prop trading.
This is Brendan at his frankest — sharp, grounded, and very clear about what changes are overdue.
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Elina Pedersen on Growth, Stability & Ultra-Low Latency | Executive Interview | Your Bourse
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
Recorded live at FMLS:25 London, this executive interview features Elina Pedersen, in conversation with Finance Magnates, following her company’s win for Best Connectivity 2025.
🔹In this wide-ranging discussion, Elina shares insights on:
🔹What winning a Finance Magnates award means for credibility and reputation
🔹How broker demand for stability and reliability is driving rapid growth
🔹The launch of a new trade server enabling flexible front-end integrations
🔹Why ultra-low latency must be proven with data, not buzzwords
🔹Common mistakes brokers make when scaling globally
🔹Educating the industry through a newly launched Dealers Academy
🔹Where AI fits into trading infrastructure and where it doesn’t
Elina explains why resilient back-end infrastructure, deep client partnerships, and disciplined focus are critical for brokers looking to scale sustainably in today’s competitive market.
🏆 Award Highlight: Best Connectivity 2025
👉 Subscribe to Finance Magnates for more executive interviews, industry insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #BestConnectivity #TradingTechnology #UltraLowLatency #FinTech #Brokerage #ExecutiveInterview
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
