Bitcoin Group Eyes for a Billion Dollar Opportunity with IPO
Bitcoin Group, one of the largest bitcoin mining operators which has been planning its initial public offering (IPO) since 2014, has at last confirmed its Australian Securities Exchange (ASX) debut in February. The Melbourne-based bitcoin mining firm currently operates over 6,100 different miners, including Ant Miner S5, Ant Miner S2, Asic Miner Prisma and Dragon Miner in the US, UK, China and Iceland. The firm generates around 6 petahashes, approximately 1.57% of the global hash power of the entire Bitcoin network. Due to its abundance of computing power and five computer centers in....
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Following months of repeated delays, Australian bitcoin miner, Bitcoin Group, is now set to make its debut on the Australian Securities Exchange (ASX) in February. Melbourne-based Bitcoin Group is now gearing up for its official public float on the ASX in February. The miner is offering investors 100 million shares at 20 cents per share. The IPO is seeking to raise $20 million by the date of closure on January 25. Bitcoin group operates five computer centers in China and oversees approximately 6,000 machines to mine one to two blocks a day (up to $20,000 in revenue a day in current rates).....
The Internet’s detective, Coffeezilla, faces his most unbelievable adversary yet. SafeMoon’s story is so ridiculous that it defies all logic. In his “I Uncovered A Billion-Dollar Fraud” video, Coffeezilla and a group of researchers do their best to figure out exactly what happened in this curious case. Is SafeMoon a rug pull or is it […]
This week, Bitcoin price smashed its former all-time high setting off excitement across the finance industry. All eyes were once again on cryptocurrencies, including the founder of deVere Group – a firm with $12 billion under advisement. According to Nigel Green, CEO and founder of deVere Group, the new record “cements Bitcoin as a mainstream […]
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve — which will be stored in BTC — aims to allow the foundation to intervene if these methods prove to be insufficient. Luna Foundation Guard Introduces $1 Billion BTC Decentralized Reserve The Luna Foundation Guard (LFG), a nonprofit organization established in January with the objective of....
The private investment management firm with $402 billion in assets under management (AUM), Neuberger Berman Group LLC, has revealed the company now has active exposure to cryptocurrencies like bitcoin. The multi-billion-dollar asset manager disclosed this information in a Form 497 in order to comply with the Securities and Exchange Commission’s EDGAR filing system. Neuberger Berman’s 497 Shows Bitcoin and Ethereum Exposure Neuberger Berman (NB) has detailed in a Form 497 filing with the Securities and Exchange Commission (SEC) that it is now permitting active exposure to crypto....