the Australian Stock Exchange, the Australian Bitcoin-mining company, has announced the cancellation of its initial public offering (IPO) after Bitcoin Group (ASX) raised liquidity concerns. Following a year-long effort to become the world’s first publicly-listed bitcoin miner, the Australian Stock Exchange will now return the AUD 5.9m funding it raised from investors for the IPO offering.
Bitcoin Group, the Australian Bitcoin-mining company, has announced the cancellation of its initial public offering (IPO) after the Australian Stock Exchange (ASX) raised liquidity concerns. Following a year-long effort to become the world’s first publicly-listed bitcoin miner, Bitcoin Group will now return the AUD 5.9m funding it raised from investors for the IPO offering.