Argo Blockchain Plc Adr (ARBK) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Argo Blockchain Plc reported a productive March with a 5% increase in daily Bitcoin mining despite higher network difficulty, generating $7.0 million in revenue, a 55% surge from the previous month. The company successfully transferred its operations to Baie Comeau, Quebec after selling its Mirabel facility, with negligible impact on production. As of the end of March, Argo held digital assets equivalent to 26 Bitcoin and continues to optimize operations ahead of the upcoming Bitcoin halving event.
For further insights into ARBK stock, check out TipRanks’ Stock Analysis page.
