Bitcoin Group SE Achieves Significant Growth in 2024

Bitcoin Group SE has released its 2024 Annual Report, reporting strong financial growth despite challenging macroeconomic conditions. Revenue increased to EUR 9.4 million, up from EUR 7.8 million in the previous year. This growth was largely attributed to higher trading volumes on the bitcoin.de platform. Additionally, EBITDA improved significantly to EUR 1.8 million from a loss of EUR 1.8 million the year prior.

The company reported a net profit of EUR 1.8 million, slightly below the previous year's EUR 1.9 million. Bitcoin Group's crypto treasury more than doubled, reaching EUR 366 million by the end of 2024, driven by market price increases. The equity ratio was slightly reduced to 72.3% from 74.7%.

The management team, led by CEO Moritz Eckert, has implemented a new business strategy focused on building a modern trading platform. This strategic transformation is aimed at consolidating the company's market position and expanding its product offerings.