Argo Blockchain releases 2024 Q1 report: Q1 output of 319 BTC
Bitget2024/05/23 06:36
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Crypto mining company Argo Blockchain released its Q1 2024 report, stating that: ·Q1 generated $16.8 million in revenue; ·38% mining profit margin; ·Reduced debt by $12.4 million, a decrease of 19% compared to December 2023; ·Net proceeds from the sale of the Mirabel factory were $3 million; ·A total of 319 BTCs were mined in Q1, which is an average of 3.5 BTCs per day; ·At the end of this quarter, the company had cash holdings of $12.4 million and held 11 bitcoins or bitcoin equivalents.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$78,170.58
+2.54%
Ethereum
ETH
$2,515.2
+3.54%
Tether USDt
USDT
$0.9991
+0.01%
BNB
BNB
$751.75
+4.00%
XRP
XRP
$1.33
+3.23%
USDC
USDC
$1.0000
+0.01%
Solana
SOL
$106.45
+6.88%
TRON
TRX
$0.3372
+0.75%
Zcash
ZEC
$1,483.69
+11.08%
Hyperliquid
HYPE
$90.41
+13.58%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now