Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Argo Blockchain ( (GB:ARB) ) just unveiled an update.
In December 2024, Argo Blockchain mined 39 Bitcoin, maintaining consistency with the previous month, and generated $3.9 million in mining revenue, up from $3.4 million in November due to higher hashprice and Bitcoin prices. The company is exploring new locations to rehost its mining machines after the conclusion of its hosting agreement with Galaxy, which may impact operational efficiency and future revenue streams.
More about Argo Blockchain
Argo Blockchain plc is a dual-listed blockchain technology company focused on large-scale cryptocurrency mining. Operating globally with facilities in Quebec and offices in the US, Canada, and the UK, Argo is committed to sustainable operations powered predominantly by renewable energy. It was the first climate-positive cryptocurrency mining company and a signatory to the Crypto Climate Accord.
YTD Price Performance: -8.77%
Average Trading Volume: 110,307
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $43.26M
See more data about ARB stock on TipRanks’ Stock Analysis page.
