Bitcoin Group SE
Bitcoin Group SE: Sales increases by more than 130 percent after ten months compared to full year 2019
DGAP-News: Bitcoin Group SE
/ Key word(s): Development of Sales
Bitcoin Group SE: Sales increases by more than 130 percent after ten months compared to full year 2019 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 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.
Contact: Investor Relations Contact:
11.12.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Bitcoin Group SE |
Nordstrasse 14 | |
32051 Herford | |
Germany | |
Phone: | +49.5221.69435.20 |
Fax: | +49.5221.69435.25 |
E-mail: | ir2020@bitcoingroup.com |
Internet: | www.bitcoingroup.com |
ISIN: | DE000A1TNV91 |
WKN: | A1TNV9 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1154457 |
End of News | DGAP News Service |