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The Blockchain Group returns to profitability in 2024
The Blockchain Group, the European leader in Bitcoin treasury management, announced a return to profitability in 2024 with a net profit of €1,361,000. This result marks a turning point after a period of restructuring. Revenue fell 32.1% following the exit of S2M, Itaque, and Eniblock from the scope. However, savings in overheads and personnel costs contributed to an improvement in operating profit.
The Blockchain Group has also implemented a new "Bitcoin Treasury Company" strategy, aimed at increasing the number of BTC held per share. Through two capital increases, the company has already acquired 40 BTC. In the first quarter of 2025, an additional 580 BTC were acquired, bringing the holdings to 620 BTC. The long-term goal is to reach up to 260,000 BTC by 2033.
R. P.
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