Green Touch Builders | This D.C. bitcoin company raised $2.3 million to… mine more bitcoins
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April 27, 2015 By SEO Admin

This D.C. bitcoin company raised $2.3 million to… mine more bitcoins

Bitcoin Shop, one of only a handful of D.C. companies that operate in the virtual currency industry, raised $2.3 million in venture capital last week, according to an SEC filing.

The investors were not disclosed by CEO Charles Allen, but include a mix of hedge funds and individual investors. The funds will be used to expand the company’s “mining” operations.

What Bitcoin Shop does is in one sense very simple: The company verifies transactions made over the bitcoin network in exchange for, well,…