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 according to the ASX announcement on the 25th, Bitcoin Group was tentatively scheduled to start trading on the ASX today:
“Bitcoin Group is now currently working with the ASX Compliance Team to satisfy ASX Listing Rules and as such the Company’s new proposed ASX listing date will be scheduled for the 8th of February 2016.”
http://themerkle.com/news/bitcoin-group-raises-5-9-million-aud-in-ipo-phase/
