Bitcoin Group To Postpone IPO Before Going To China'S First Tier Cities Roadshow

Bitcoin group responsible person Ryan told the Beijing daily news reporter that the IPO process of bitcoin group has come to an end and is now in preparation stage. Next January, they will start a roadshow in China's first tier cities, and will be listed in Australia in February.

According to the IPO process announced by official website, bitcoin group should have been listed in December 1st.

But by the beginning of December, bitcoin group had not released the news that had been listed.

Why will bitcoin group postpone the listing?

Ryan said that the delayed listing of bitcoin group was mainly affected by the Christmas holiday, and the exchange in Australia would be on holiday, which affected the submission of listing materials.

In addition, the final round of financing before IPO is needed before the material is reported. It is expected that the total amount of financing of IPO and the material before the report is 20 million -5000 million, and the exchange rate is about 100 million -2.5 billion yuan.

However, some people in the industry are not optimistic about the success of the listing of special currency group.

A person familiar with the matter told the Beijing daily news that because all companies in Australia would have a holiday, the Australian stock exchange would not approve related materials.

But this may be all excuses. In the absence of any actual performance, the listing of bitcoin group is hard to succeed.

Previously reported in the Beijing Business Daily's "bottom up bitcoin group", bitcoin group currently has only 18 employees, including 3 core employees, only hedge fund business, after listing and financing will be launched "mining" business.

However, according to Sam Lee, President of bitcoin group, hedge fund is not the best profit model of bitcoin group. The development of new business after the listing is the most profitable business.

In the eyes of analysts, the main obstacle to the listing of bitcoin group is persuasion.

And in a specified time to a certain amount of funds.

according to

They will take China as a major financing area and choose to take a road show in China.

A well-known bitcoin platform leader told the Beijing Commercial Daily reporter that before the announcement of the listing, bitcoin group's popularity in the bitcoin circle was not high, and there was no ranking in the three industry chain of the bitcoin industry, and there was still some doubt whether it could melt into the expected funds.

From the present

Look, as of yesterday, 19 hours, the bitcoin platform bitcoin network price is 2341 yuan /.

In November 19th last year, the price of bitcoin was up to 8000 yuan / yuan, which triggered a lot of "Chinese aunt" speculation.

Over the past year, bitcoin prices have fallen by 70% over the previous highest price.