Argo Blockchain Plc Adr (ARBK) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.