Vinanz Ltd on Monday started trading on the London Main Market, moving from the AQSE Growth Market.
The British Virgin Islands-domiciled bitcoin mining company said its prime mission was to build a substantial bitcoin holding and continue to ‘aggressively’ build its North American bitcoin mining fleet.
Vinanz shares jumped 32% to 22.00 pence each on Monday afternoon in London.
Chair David Lenigas said: ‘Joining the LSE’s main market with the ticker BTC is a major milestone for Vinanz and provides us with an incredible platform for growth. The LSE is one of the top stock exchanges in the world and being listed here opens up trading of Vinanz’s shares to a wider audience, something we see as necessary for future growth.’
He added: ‘The bitcoin markets are growing fast, with bitcoin digital currency now becoming more acceptable as a real alternative investment category compared to and alongside conventional fiat currencies. The future for bitcoin looks robust and Vinanz is pleased to be part of this digital currency revolution.’
Back in December, Vinanz said it had received firm commitments to raise £1.5 million at 14.5 pence per share.
In November, the company announced that the first of its initial order of ten next generation Canaan Avalon bitcoin miners for its Nebraska fleet was online.
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