Argo Blockchain PLC Announces June Operational Update

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Jefferies cuts price targets on Bitcoin mining stocks

July 8, 2024 8:40 AM EDT

Jefferies analysts lowered the firm's price targets for both Marathon Digital (NASDAQ: MARA) and Argo Blockchain Plc (NASDAQ: ARBK) due to the ongoing impact of the Bitcoin halving.

The investment firm's note cites a "modest recovery" in June... More