But in an announcement this morning, Argo said Sullivan had stepped down to focus on other roles.
“She has taken on a new career role that does not allow her to serve as a director for the company and her resignation is not the result of any disagreement with the management or board of the company,” said the company.
In the Monday announcement, Argo also stated that it had mined 167 bitcoin or “bitcoin equivalent” in October, bringing the total amount of bitcoin it has mined this year to 1,646. Revenues for the month came in at £7.24 million (or roughly $9.75 million).
Last week, the company was forced to disclose key information about upcoming projects after the contents of a private meeting were unexpectedly posted on Twitter.
In 2021, investment and financing in the crypto industry has constantly set new records. One of 7 O'Clock Capital’s numerous investment projects has an ROI of 10,733%. According to Chain Broker data, 7 O'Clock Capital is at the top of the list of funds