Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  AUSTRALIAN SECURITIES EXCHANGE LIMITED  >  Digitalx Ltd    DCC   AU000000DCC9

SummaryQuotesChartsNewsCalendarCompany 
News SummaryMost relevantAll newsSector news 

Macro Energy : 2014 June 16 - World's First Listed Bitcoin Company Commences Trading

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/16/2014 | 03:24am CET
ASX ANNOUNCEMENT

16 June 2014

WORLD'S FIRST BITCOIN FOCUSED COMPANY TO LIST ON A MAJOR EXCHANGE COMMENCES TRADING

Digital CC Limited (trading as digitalBTC) (ASX: DCC) (the "Company" or "digitalBTC") is pleased to announce that it is now the world's first Bitcoin focused company to commence trading on a major stock exchange, following the reinstatement to quotation on the Australian Securities Exchange on Monday 16 June 2014. Shares in digitalBTC trade under the ASX code "DCC" (Reuters: DCC.AX, Bloomberg: DCC:AU).
Since first announcing digitalBTC's intention to list via a reverse takeover process in mid- March 2014, the company has achieved the following:

Receipt and installation of US$4,000,000 in state of the art BitFury Bitcoin mining hardware

Subsequent digitalBTC mining operations 1 have earned in excess of 5,100 bitcoins to 10 June 2014 and are continuing to perform solidly

Established trading desk revenues with returns of 34% to 31 May 2014, up from

31% at 30 April 2014

Successful capital raising of A$9,100,000 at A$0.20 per ordinary share

Ongoing development of Bitcoin retail consumer product line

digitalBTC's Executive Chairman, Mr Zhenya Tsvetnenko, said that he was very pleased with the extensive progress made to date including the finalisation of the listing process.
"We've made a great start for digitalBTC, aggressively expanding our early Bitcoin focused operations and achieving some very good results - we are now one of the largest Bitcoin miners in the world. In reaching this status, we are fortunate to have partnered with some of the leaders in the Bitcoin space such as the BitFury Group whose cutting edge technology and outstanding service has made it possible for us to generate exceptional returns," Mr Tsvetnenko said.
"What we really look forward to now is generating success from development of our Bitcoin retail consumer product line, as digital currencies such as Bitcoin continue their explosive growth. Our successful early operations growth positions us well to support our future

1 Bitcoin mining is the term used to describe the process of earning new Bitcoins, which can then be converted to any major currency. The process involves using powerful, cutting edge computer technology to provide a service

to the Bitcoin network of verifying Bitcoin transactions. New Bitcoins are created and assigned by the Bitcoin network to the providers of verification services, such as digitalBTC.
development activities in the digital currency sector and I look forward to the updates we can bring shareholders and the market in the coming months," Mr Tsvetnenko said.

-ENDS-

For further information, please contact: digitalBTC

Zhenya Tsvetnenko Executive Chairman Tel: +61 8 9473 2525
Alex Karis
CEO
Tel: +1 (646) 374-1818 (x) 1010

Media

Shane Murphy, FTI Consulting
Direct: +61 8 9485 8804
Mobile: +61 420 945 291
Email: shane.murphy@fticonsulting.com
Skype: shane.murphy999

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DIGITALX LTD
12/09 DIGITALX : Share Purchase Plan Letter
11/15 DIGITALX : Patent Application for DigitalX Technology
11/14 DIGITALX : Key Development Milestone Complete & Appointment of Advisor
10/13 DIGITALX : Partners with AT&T Mexico
10/12 DIGITALX : Initial Directors Interest Notice
10/06 DIGITALX : Appointment of Non-Executive Director
09/30 DIGITALX : Appendix 4G- Key to Corporate Governance Disclosures
09/26 DIGITALX : AirPocket Marketing Update
08/29 DIGITALX : Timeline
07/29 DIGITALX : Initial and Final Director Interest Notices
More news
Sector news : Oil & Gas Exploration and Production - NEC
12/07 CRESCENT POINT ENERGY : boosts 2017 capital budget to C$1.45 billion
12/05DJBHP Billiton, Cnooc, Total, Others Take Blocks in Mexico Offshore Auction--2n..
12/05 CHESAPEAKE ENERGY : to sell Haynesville asset for $450 million to Indigo Mineral..
12/05DJBHP Billiton Wins Trion Oil Field Bid
12/03 Grades narrow slightly on second day of new trade cycle
More sector news : Oil & Gas Exploration and Production - NEC
Advertisement
Chart DIGITALX LTD
Duration : Period :
Digitalx Ltd Technical Analysis Chart | DCC | AU000000DCC9 | 4-Traders
Full-screen chart
Technical analysis trends DIGITALX LTD
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Managers
NameTitle
Leigh Travers Chief Executive Officer & Director
Fabricio Rodriguez Chief Operating Officer
Toby Hicks Non-Executive Director
Faisal Khan Non-Executive Director
Rodion Kostrykine Secretary & Controller
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
DIGITALX LTD-65.19%18
PACIFIC EXPLORATION AN..--.--%134 566
CONOCOPHILLIPS8.74%62 905
EOG RESOURCES INC50.37%61 364
CNOOC LTD25.43%58 836
OCCIDENTAL PETROLEUM C..4.39%53 936
More Results