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MAJOR BITCOIN COMPANY SOON TO BE LISTED ON THE NYSE

MAJOR BITCOIN COMPANY SOON TO BE LISTED ON THE NYSE

With a growing number of investors turning their attention toward bitcoin, those who are savvy are not only looking to purchase the digital currency direct, but are looking to capitalize off of those experiencing the most success within the industry.

This is where BitFury comes into the equation. If the bitcoin mining equipment manufacturer holds up to its promises, the company will indeed become the first ever major publicly traded bitcoin company. Not only is this possible, but the likeness of BitFury making its way into the portfolio of mainstream investors is quickly becoming nothing shy of a reality.

BITCOIN TO THE NYSE
Right now, if you wanted to purchase a bitcoin stock from the New York Stock Exchange, or the Nasdaq, you couldn’t. While you could simply purchase the highly buzzed about Bitcoin Shop Inc (OTCQB:BTCS), it is currently traded on the OTCQB. In short, where the NYSE market is centralized, the OTC markets are not. OTC markets trade through dealer networks, this is simply due to the fact that these companies are often smaller. However, thanks to BitFury, investors may soon see the first bitcoin stock up for grabs in the big leagues — the NYSE.

On Friday, the mining manufacturer announced that they had secured over $20 million in Series A financing. Raising investments from Binary Financial, Crypto Currency Partners, Georgian Co-Investment Fund (GCF), Queensbridge Venture Partners, and ZAD Investment Company, just to name a few. The company has had one of the highest revenue streams in the industry; and not to mention the company’s ASIC mining chips, that account for nearly 40% of the entire bitcoin mining ecosystem.

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This entry was posted on June 24, 2014 by and tagged .

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bitcoinvancouver2013@gmail.com

bitcoinvancouver2013@gmail.com

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