Tag: Argo Shares Suspended

[ad_1] The London-based company’s stock has already tumbled more than 90% this year. The American depository receipts are down a similar amount. Shares of Argo Blockchain Plc were temporarily suspended by the UK's Financial Conduct Authority after the beleaguered Bitcoin miner disclosed a November decline in revenue. The London-based company's stock has already tumbled more than 90% this year. The American depository receipts are down a similar amount. In October, the mining firm was warned that it could be forced to shut down after a $27 million share sale appeared to have collapsed. In November, Argo said in a statement Friday that it had mined 198 Bitcoin, compared to 204 in October. Argo Blockchain said it continues to engage in financing discussions to provide the firm wit...