
Bitcoin Group Fails to Raise $20 Million in IPO
The company has only managed to raise 30% of the initial sum.
The Australian Securities and Investments Commission (ASIC) has warned Australian bitcoin trading company Bitcoin Group Ltd prohibiting the above-mentioned start-up from making public statements regarding its proposed IPO until after lodging a prospectus.
The company has only managed to raise 30% of the initial sum.
Digital currency miner Bitcoin Group has reissued its prospectus following a request by the the Australian Securities and Investments Commission to provide a report on bitcoin mining.