The following info was published today:
Tech Deals
The jury might still be out on Bitcoin but that hasn’t stopped Perth-based technology entrepreneur and BRW rich-lister Zhenya Tsvetnenko from having a go at turning virtual currency into real dollars.
Mr Tsvetnenko’s latest venture, digitalBTC, is hoping to raise $9.1 million through the reverse takeover of ASX-listed Macro Energy.
Under the terms of the arrangement, Macro will acquire Digital CC Holdings Pty Ltd and its wholly owned operating entity digitalBTC.
The $9.1m capital raising will be used to enhance the capability of digitalBTC, which is currently developing retail consumer products for Bitcoin and other digital currencies.
digitalBTC will be the first digital currency-focussed company listed on the ASX.
The raising is being arranged by DJ Carmichael and has closed oversubscribed.
Shares in Macro Energy have been suspended since March 6, pending a significant transaction and capital raising.
http://www.businessspectator.com.au/news/2014/3/13/technology/perth-millionaire-takes-bitcoin-company-public
tech deal
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