Bitcoin Group Falls Short: Raises US$5.9 Million in IPO

Bitcoin Group Falls Short: Raises US$5.9 Million in IPO

Despite the disappointing IPO, Bitcoin Group hopes to see a growing trend in their publicly listed shares, which will be processed by ASX very soon. Bitcoin Group, one of the largest mining operators which has been planning its initial public offering (IPO) since 2014, announced that its IPO offer and ASX Bookbuild which closed on January 25, 2016, raised over US$5.9 million. The quotation of the shares on the Australian Securities Exchange (ASX) has not been listed yet, and Bitcoin Group is working with ASX on the listing application progress. Initially, the company aimed to raise US$20....


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