Australian Bitcoin Mining Firm Raised $5.9 Million during ASX IPO

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The Bitcoin Group announced now that a IPO offer on the Australian Securities Exchange (ASX) and ASX Bookbuild sealed on 25th Jan 2016, after having raised a volume of $5,927,168.40. The selection of a shares on a ASX has not nonetheless occurred, however BCG is pronounced to be now operative with a venue on a inventory focus process.

Sam Lee, CEO, BCG
Sam Lee, CEO, BCG

Sam Lee, Chief Executive Officer of the firm, commented to Finance Magnates about the raised capital: “$5.9 million lifted is a plain result, as it is sufficient for a association to govern it’s stream plan of expanding a footprint by appropriation new Mining Equipment.

We are vehement to be assimilated by many investors who trust in a destiny of Bitcoin’s purpose in a fintech revolution, we demeanour brazen to personification a partial in democratizing entrance to a financial world. We wish to move some-more clarity and burden to a industry, as we take one step closer to apropos a worlds initial Bitcoin Mining IPO.”

The Melbourne headquartered association has 5 bitcoin mining centers in China and altogether 7 Bitcoin mining locations around a world. The infancy of Bitcoin group’s crush energy is generated in China, with

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