DigitalBTC Reports Net Loss On Falling Bitcoin Price

By February 27, 2015Bitcoin Business

Australian bitcoin company Digital CC Ltd has published the results for its half-year period up to 31st December 2014, posting a net loss.

The firm, which was the first bitcoin company  to be listed on the Australian Securities Exchange  (ASX) trading as digitalBTC, reported a $2.3m net loss after tax.

"The statutory loss recorded for the half has been impacted by necessary accounting adjustments flowing from digital currency price declines," executive chairman Zhenya Tsvetnenko said.The firm’s total revenue was $14.5m. Of this, $9.9m […]

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