Argo Blockchain's Mining Revenue In September Amounted To $3.59M, An Increase Of 23% Vs. August
Portfolio Pulse from Benzinga Newsdesk
Argo Blockchain's mining revenue in September 2023 was $3.59 million, a 23% increase from August 2023. The company mined 136 Bitcoin or Bitcoin Equivalents (BTC) in September, averaging 4.5 BTC per day, and held 32 BTC as of September 30, 2023.
October 05, 2023 | 7:01 am
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POSITIVE IMPACT
Argo Blockchain's increased mining revenue and Bitcoin holdings could positively impact its stock price.
Argo Blockchain's increased mining revenue indicates successful operations and potential for increased profitability. The company's Bitcoin holdings also represent a significant asset that could appreciate in value, potentially boosting the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100