DigitalBTC Makes History With Australian Stock Market Debut
Australian multi-service bitcoin company digitalBTC will make history today as the first cryptocurrency-focused company to trade on a major mainstream stock exchange. DigitalBTC, which began as a mining operation but also engages in bitcoin trading and is developing retail and consumer applications, debuted on the Australian Securities Exchange (ASX) this morning as Digital CC Limited (trading as digitalBTC. ASX code: DCC). The ASX has a daily turnover of over AUD$4.6bn (US$4.32bn) and a market cap of around AUD$1.6tn. Credibility rewards. The company views its new listing as crucial to....
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Australian investment company Macro Energy has announced plans to enter the digital currency space through the acquisition of Digital CC and its subsidiary digitalBTC. The company plans to raise A$9.1m and list digitalBTC on the Australian Stock Exchange (ASX). Macro Energy describes digitalBTC as an "innovative digital currency company" engaged in bitcoin mining and trading. In addition digitalBTC is developing retail consumer products for bitcoin and other digital currencies. Strong credentials. The company points out that digitalBTC already has established mining revenues and ties with....
DigitalBTC has inked a strategic hardware supply agreement with BitFury, one of the leading manufacturers of bitcoin mining equipment. The company is owned by Australian investment firm Macro Energy, which acquired Digital CC and its subsidiary digitalBTC last month. Thanks to the acquisition, the firm became the first bitcoin-related business to be listed on the Australian Stock Exchange (ASX). Mining plans. At the time Macro Energy said it plans to raise AU$9.1m and to invest the money in the expansion of digitalBTC operations, including bitcoin mining. Soon after digitalBTC entered a....
Shares of Australian investment firm Macro Energy gained 42% yesterday, after news emerged that it plans to enter the bitcoin space and raise A$9.1m ($8.2m) in funding. Yesterday, the company announced the acquisition of Digital CC and its subsidiary digitalBTC, which runs a bitcoin mining operation and a trade desk. The move will make digitalBTC the first bitcoin company listed on the Australian Stock Exchange (ASX). Macro Energy also announced that it has firm commitments from investors who are planning to invest A$9.1m in the consolidated company. The money will be used to expand....
The remittance market is a key area where Bitcoin and digital currency could make a splash. Sending money overseas to family and friends is pretty expensive these days, and the remittance space is dominated by a handful of players. But that isn’t stopping Australia-based DigitalBTC from distributing a remittance product of their own. DigitalBTC – Digital Payment Solutions. When it comes to processing digital payments, DigitalBTC is not the new kid on the block. In fact, did you know that DigitalBTC is a publicly traded company on the Australian Stock Exchange under the name “Digital CC....
Australian firm DigitalBTC is bowing out of bitcoin mining to focus on its consumer products, its CEO has said. The company, which debuted on the Australian Stock Exchange (ASX) last June, mined 8,600 BTC in its first three months. However, with bitcoin's price down almost 60% since then, its hardware is proving to be less and less profitable. According to its latest statement, mining operations netted DigitalBTC $6.4m in the 12 months to June 2015, 20% less than the previous year. CEO Zhenya Tsvetnenko told The Sydney Morning Herald: "When we saw the big drop in the value of bitcoin, just....