Bitcoin Group raised $5.9M at ASX IPO

Investing | February 3, 2016 By:

Bitcoin Group announced that its IPO offer on the Australian Securities Exchange (ASX) and ASX Bookbuild has raised $5,927,168.40.

“$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,” said Bitcoin Group CEO Sam Lee.

The quotation of the shares on the ASX has not yet occurred, however the company is said to be currently working with the venue on the listing application process.

Bitcoin Group is an Australian Bitcoin mining company.