Argo Blockchain Shares Drop 22% Amid Weak Quarterly Revenue

📉 British Bitcoin mining company Argo Blockchain has announced its financial results for the third quarter of 2024.

✅Between July and September, the company mined 123 BTC, but its quarterly revenue of $7.5 million was lower than the $10.4 million recorded a year earlier.

Investors responded by selling Argo shares, causing its price to drop 22% to $0.93.