By Jaime Llinares Taboada
Shares in Argo Blockchain PLC fell Tuesday after it reported lower mined volumes, revenue and margins for May.
The cryptocurrency company mined 124 Bitcoin or equivalent last month, down from 166 in April. Mining revenue fell to $3.9 million from $6.8 million, with margins declining to 62% from 75% on the back of lower volumes and Bitcoin price.
Shares at 0737 GMT were down 8.7% at 47.5 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT