Bitcoin Group Delays Stock Exchange Float for the Sixth Time

Australian bitcoin miner Bitcoin Group has delayed its public float on the Australian Securities Exchange (ASX), yet again. The revelation comes soon after a disappointing IPO that fell well short of the miner’s expectations.
Melbourne-based mining firm Bitcoin Group has now revealed another delay in its intention to float its stock in the open market by listing on the ASX.
The update was disclosed to investors in an update on February 5th, noting that the ASX has sought additional information about the company’s intention to list. The statement read:
Investors will appreciate that ‘block chain’ is a new technology and we are working with ASX to satisfy its request for additional information as part of the listing application process.

This post was published at Crypto Coins News on 09/02/2016.