Australian Bitcoin Mining Firm Raised $5.9 Million at ASX IPO
Posted: Mon Feb 01, 2016 11:19 am
The Bitcoin Group announced today that its IPO offer on the Australian Securities Exchange (ASX) and ASX Bookbuild closed on 25th January 2016, after having raised the amount of $5,927,168.40. The quotation of the shares on the ASX has not yet occurred, however BCG is said to be currently working with the venue on the listing application process.
Sam Lee, Chief Executive Officer of the firm, commented to Finance Magnates about the raised capital: “$5.9 million raised is a solid result, as it is sufficient for the company to execute it’s current strategy of expanding our footprint through acquiring new Mining Equipment.
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