The first Bitcoin "mining company" IPO is completed

FX168 News: Bitcoin prices fell moderately in the Asian session on Wednesday (February 3), and the recent volatile market continued.

The quotes released by BITSTAMP showed that Bitcoin/US dollar (XBT/USD) rose moderately to around 375 yesterday, but fell slightly to around 373 in the Asian session of this trading day.

(Bitcoin/USD time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by KRAKEN show that Bitcoin/Euro (XBT/EUR) hit a bottom of around 341 yesterday and then surged to around 345. It fell back to around 342 in the Asian session of this trading day.

(Bitcoin/Euro time-sharing chart source: Bloomberg, FX168 Financial Network)

The quotes released by Huobi.com show that Bitcoin/CNY rose from 2488 to around 2529 yesterday, and once fell to the 2490 level in the Asian session of this trading day.

(Bitcoin/RMB 30-minute chart source: Huobi.com)

In the industry, the world's first IPO of a bitcoin mining company raised A$5.9 million (about US$4.2 million), far below the target of A$20 million.

Melbourne, Australia-based The Bitcoin Group announced on Tuesday that it had received cumulative bids of more than A$5.92 million on the Australian Securities Exchange (ASX).

Although the amount is less than one-third of the target, Bitcoin Group CEO Sam Lee still said, "This is a good result."

Sam Lee believes that the funds are sufficient for the company to purchase new mining equipment to implement the company's current expansion strategy.

At 13:18 Beijing time on February 3, Bitcoin/USD was 372.97, Bitcoin/Euro was 342.34, and Bitcoin/RMB was 2505.34.