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Crypto

Bitcoin Miner Argo’s Shares Suspended in UK as Revenue Declines

  • UK Financial Conduct Authority halted trading in the stock
  • Argo mined 198 Bitcoin last month, down from 204 in October

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.