Argo Blockchain Plc Adr (ARBK) has released an update.
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Argo Blockchain plc, a leader in cryptocurrency mining, reported mining 99 Bitcoin in April 2024, maintaining stable daily production rates despite a Bitcoin halving event, while experiencing a slight dip in mining revenue to $6.6 million. The company also announced equity awards to employees, with Restricted Stock Units and Performance Stock Units granted under the 2022 Equity Incentive Plan. Argo Blockchain’s current digital asset holdings are valued at the equivalent of 12 Bitcoin.
For further insights into ARBK stock, check out TipRanks’ Stock Analysis page.