Tag: Bitcoin Group

Bitcoin Group Cancels ASX Plans And Refunds IPO Investors

Bitcoin Group is one of those companies who had high hopes of getting listed on the Australian Securities Exchange and bring more positive attention to digital currency. Unfortunately, those plans have been scrapped, as the company might not have enough cash at their disposal to survive its first year on the market. With such a grim future ahead, it only makes sense to rethink the plan and focus on building …
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Bitcoin Group Raises $5.9 million AUD in IPO Phase

Bitcoin Group Limited, a digital currency mining firm based in Melbourne, has announced the completion of its IPO phase. In an investor updated posted on the official BG blog, Sam Lee, CEO of Bitcoin Group, confirmed that the IPO netted a total of AUD $5.9 million. While the amount sounds impressive, it falls short of the original $20 million target. The IPO officially ended on the 25th of January and …
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Bitcoin Group to Begin Trading on the Australian Stock Exchange

The Bitcoin Group (BG), a digital currency mining firm based in Australia, will be listed on the Australian Securities Exchange at the beginning of February. BG first announced their plans for an IPO in October of 2014, but various regulatory hurdles and incidents with the Australian Securities and Investments Commission (ASIC) delayed the process. The Melbourne-based BG was warned by the ASIC about making various representations regarding their IPO, which …
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