Bitcoin Group SE: Sales increases by more than 130 percent after ten months compared to full year 2019

Bitcoin Group SE: Sales increases by more than 130 percent after ten months compared to full year 2019

Herford, December 11, 2020 - Bitcoin Group SE (ISIN DE000A1TNV91) draws up a gratifying interim balance as of the end of October. After reaching its new customer target well ahead of schedule and exceeding the EUR 60 million mark in its own stock of cryptocurrencies, Bitcoin Group now provides also a preliminary overview of its sales development in the first ten months of the 2020 financial year.

The wholly owned subsidiary futurum bank AG, which operates a trading platform for the digital currencies Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum and Litecoin under Bitcoin.de in addition to classic investment services, was able to accelerate the growth once again. According to the German Commercial Code (HGB), futurum bank AG's sales were EUR 12.65 million as of October 30, 2020. This represents a growth of more than 130 percent after only ten months of the current year compared to the full fiscal year 2019, in which the Group generated sales of EUR 5.44 million.

The development of Bitcoin in the current year and in particular the accelerated customer growth are the main growth drivers. Bitcoin Group SE welcomed its 900,000 customer on Bitcoin.de at the beginning of November, reaching its annual customer acquisition target considerably ahead of schedule.

"We are very happy with the extraordinary development of the Group. The success confirms our strategic adjustments by merging Bitcoin Deutschland AG into futurum bank AG. On the one hand, this creates synergies between the original retail business and institutional business and, on the other hand, enables us to accelerate our growth. With our many years of expertise and our positioning under licensing law, we have a clear advantage, which we intend to continuously expand by broadening our product range. This is only the beginning of our growth story," says Marco Bodewein, Managing Director of Bitcoin Group SE.

About Bitcoin Group SE:
Bitcoin Group SE is a holding company focusing on innovative and disruptive business models and technologies in the areas of Cryptocurrency and Blockchain. Bitcoin Group SE holds 100% of the shares in futurum bank AG, which operates Germany's only regulated marketplace for the digital currency Bitcoin, Bitcoin Cash, Bitcoin Gold and Ethereum under Bitcoin.de and 50% of the shares in Sineus Financial Services GmbH, a financial services provider supervised by BaFin.

Bitcoin Group SE is listed on the Primary Market of Dusseldorf Stock Exchange and on all other German stock exchanges (ticker symbol: ADE, ISIN: DE000A1TNV91, GSIN: A1TNV9). More information on Bitcoin Group SE can be found at bitcoingroup.com.

About Bitcoin.de:
Bitcoin.de is a licensed Bitcoin marketplace in Germany and Europe's largest Bitcoin marketplace with more than 900,000 customers. After more than 9 years of operation, Bitcoin.de has the reputation of being one of the most secure Bitcoin marketplaces in the world. Since users do not transfer euros to a trust account but pay conveniently from their bank account, the euros used for trading are even deposit-backed. The cryptocurrencies managed by Bitcoin.de, on the other hand, are held 98% in secure cold wallets. Bitcoin.de is the first and only Bitcoin trading platform worldwide to have its customer credit balances audited once a year by a publicly appointed German auditing company (last audit as of October 08, 2019). The unique integration with a bank account of the Fidor Bank via express trading allows trading to be carried out as quickly as on a stock exchange. In addition to Bitcoin, on Bitcoin.de Ether (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Litecoin (LTC) and Bitcoin Satoshi Vision (BSV) can be traded against Euro.

Contact:
Bitcoin Group SE
Marco Bodewein
Nordstraße 14
32051 Herford
mail: ir2020@bitcoingroup.com
phone: +49.5221.69435.20
fax: +49.5221.69435.25
website: www.bitcoingroup.com

Investor Relations Contact:
CROSS ALLIANCE communication GmbH
Jens Jüttner
phone: +49.89.1250903-30
mail: jj@crossalliance.de
website: www.crossalliance.de