BnKToTheFuture pushes Australian bitcoin mining to go public

     Simon Dixon, CEO of BnkToTheFuture, said stock exchanges around the world have a long history of listing gold and oil mining stocks, but Australia will be the first country to list a new form of stock, mining stocks, which is significant. The country has been hot and cold about digital currency technology, but as the world's first bitcoin mining IPO (initial public offering) approaches, it is one step ahead of other countries.

     Bitcoin Group Ltd. of Australia has launched a "pre-IPO" with the help of online investment platform BnkToTheFuture , where many investors will have the opportunity to invest and benefit. According to the company, it has received more than $2.9 million in financing commitments. Bitcoin Group will be listed on the Australian Securities Exchange (ASX) on November 11, 2015.

IPO approved by Australian Securities and Investments Commission

     Bitcoin Group Ltd. said it has received approval from the Australian Securities and Investments Commission (ASIC) to make a public offer of AUD 2 million, and BnKToTheFuture will help facilitate the process. However, BnKToTheFuture is also a global online investment platform that allows qualified investors to invest in financial innovations, including FinTech (financial technology) companies, funds, and other new alternative financial products. BnKToTheFuture plays an important role in the entire process.

     The process has already begun and the IPO process is going smoothly. For example, before the IPO, Bitcoin Group also found that it could enable investors to invest online through BnkToTheFuture. In this year's financial innovation investment opportunities alone, the online investment has raised $3 million. Bitcoin Group provides a tax agent structure for all investments and provides millions of funds for companies, funds and other financial products to allow qualified investors to join professional investors and professional venture capital funds.

     This is not the first time that BnkToTheFuture has participated in an IPO, as it has a track record of successfully raising huge amounts of funding through crowdfunding platforms such as CrowdFunding. Speaking about the IPO, Bitcoin Group CEO Sam Lee admitted that the upcoming IPO would increase the legitimacy of the company, increase public transparency, and strengthen the awareness of visionary investments.

Give investors the opportunity to invest in Bitcoin companies

     The report states that 12 investors have invested $2,924,318, which is 80% of the company's financing target. However, since the funds will take effect in the next six days, investors will have more time to obtain the remaining 3% of the company's equity. Sam Lee explained that he has always been an investment pioneer, and now is a great opportunity for them to invest in a digital currency company.

     He said that as an industry leader and a pioneer of the future stock market, his company plays a vital role in guiding the market while helping investors enter this exciting and fast-growing industry through a favorable investment vehicle. For companies like Bitcoin Group, Bitcoin mining has huge development prospects, which will further expand as the price of the digital currency appreciates.

     Bitcoin Group was founded on September 4, 2014 and operates mainly in China, Iceland and Australia. The company is focused on becoming one of the world's largest bitcoin mining companies. It is currently a bitcoin mining operator and is working hard to further develop on its existing basis. Its current seven mining sites account for approximately 1.57% of the global mining output.

Companies that generate huge profits

     The Bitcoin Group says it mines bitcoins to secure the Bitcoin network, but the company's focus is on creating a more convenient way for the general public to manage and transfer funds. Interestingly, investors are very optimistic about the potential of the Bitcoin Group because they see the company starting to grow rapidly as revenue grows. As electricity costs continue to fall, it can use favorable mining advanced equipment to increase its profit ratio.

     Bitcoin Group’s 2015 annual report shows that the company recorded mining revenue of $1.27 million and a net income of $315,000. With such huge profits, the company has become one of the most profitable mining companies.