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Bitcoin Group SE publishes Half-Year Report 2026: Focus on relaunch of bitcoin.de with significantly expanded product offering

  • New bitcoin.de trading platform technologically completed and ready to launch following comprehensive functional and security testing
  • Revenue in the first half of 2026 at EUR 1.59 million; EBITDA of EUR -3.25 million, impacted by weak crypto market environment and investments in the realignment • Strong balance sheet with net crypto holdings of EUR 199 million and an equity ratio of 71.8% as of 30 June 2026
  • Focus in the second half on completion of the licensing process and subsequent relaunch of bitcoin.de with a significantly expanded product offering

Herford, 29 September 2026 – Bitcoin Group SE (ISIN DE000A1TNV91) published its 2026 Half-Year Report today. The first half of the year was characterized by the technological and regulatory realignment of the Group. A key milestone was the completion of the fully redeveloped bitcoin.de trading platform, including a new website and trading app. At the same time, the significant correction in the crypto markets and high investments in the realignment weighed on business performance.

Strong asset and financial position
In the first half of 2026, Bitcoin Group SE generated revenue of EUR 1.59 million, compared with EUR 3.78 million in the corresponding prior-year period. Trading activity and, consequently, revenue reflected volatility in the crypto and financial markets, economic and geopolitical factors, as well as outflows from crypto spot ETFs. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to EUR -3.25 million, compared with EUR -1.00 million in the first half of 2025. Earnings per share amounted to EUR -1.02, compared with EUR -0.33 in the previous year. Earnings performance was impacted in particular by the high level of investment and the expansion of the workforce as part of the realignment.

Bitcoin Group continues to have a strong asset and financial position. As of 30 June 2026, net crypto holdings amounted to EUR 199 million, compared with approximately EUR 356 million at the end of the first half of 2025 and EUR 293 million at the end of 2025. The equity ratio amounted to 71.8%, compared with 72.5% as of 30 June 2025. Cash and cash equivalents amounted to EUR 3.9 million, compared with EUR 12.6 million as of 31 December 2025.

On the basis of its solid balance sheet, Bitcoin Group was once again able to pay a dividend of EUR 0.10 per share in accordance with the resolution adopted by the Annual General Meeting in August 2026.

Challenging market environment weighs on trading activity
The first half of the year was characterized by a significant correction in the international crypto markets. The Bitcoin price fell from approximately USD 88,400 at the end of 2025 to approximately USD 60,100 as of 30 June 2026, a decline of approximately 32%. Compared with the historical high in October 2025, the decline amounted to more than 50%. Rising real interest rates, changing expectations regarding U.S. monetary policy, a stronger U.S. dollar, and geopolitical uncertainties weighed on the asset class. At the same time, the increasing interconnectedness of the crypto market with traditional capital markets became apparent. U.S. spot Bitcoin ETFs recorded net outflows of USD 5.4 billion in the first half of the year. In Bitcoin Group’s view, this development underscores that regulated institutional investment products now have a significant influence on capital flows and price formation in the crypto market in both directions.

New bitcoin.de platform technologically ready to launch
The complete redevelopment of bitcoin.de was at the center of the strategic advancement. The new website and trading app were completed and successfully finalized from a technical perspective following extensive internal and external functional and security testing. Bitcoin Group is thus evolving bitcoin.de from its previous peer-to-peer marketplace into a modern and scalable brokerage.

The planned offering will comprise more than 100 cryptocurrencies, savings plans, crypto swaps, dynamic staking, and modern settlement infrastructure. This provides Bitcoin Group with the technological foundation for a significantly broader product offering and the future scalability of the platform.

The resumption of crypto trading is subject to the completion of the ongoing licensing process under the new European regulatory requirements. As this process is taking longer than originally expected, crypto trading on bitcoin.de has been temporarily unavailable since the end of June 2026. Futurum Bank AG, the operator of bitcoin.de and a wholly owned subsidiary of the Bitcoin Group, is in close dialogue with the responsible supervisory authorities and attaches the highest priority to successfully completing the process.

Moritz Eckert, CEO of Bitcoin Group SE, comments: “We have created the essential prerequisites within our own sphere of influence through the redevelopment of bitcoin.de. Once the necessary regulatory framework is in place, we will launch bitcoin.de into a new phase of development with a fundamentally renewed technological platform.”

Outlook 2026
Against the backdrop of a market environment that continues to be characterized by geopolitical uncertainties and elevated interest rates, as well as high volatility in the crypto markets, the forecast for financial year 2026 remains subject to considerable uncertainty. This is compounded by Bitcoin Group’s ongoing transformation, including the relaunch of the trading platform and the migration of existing customers. In particular, the regulatory status, the timing of the granting of the MiCAR licence, the number of migrating existing and newly acquired customers, and the use of new offerings such as savings plans and staking are currently difficult to forecast. Due to the short-term postponement of the migration and the continued uncertainty regarding the timing of the MiCAR licence, the Management Board expects revenue in 2026 to decline compared with the previous year. At the same time, the continued high level of investment required at futurum bank AG and the delayed relaunch will weigh on earnings accordingly. For the full year 2026, a negative EBITDA is therefore expected again.

The German 2026 Half-Year Report is available for download as a PDF document in the Publications section of bitcoingroup.com. The English Report will be available from mid-October 2026.

About Bitcoin Group SE:
Bitcoin Group SE is a holding company focusing on innovative and disruptive business models and technologies from the cryptocurrency and blockchain sectors. Bitcoin Group SE holds 100% of the shares in futurum bank AG, which operates a trading platform for the digital currencies Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Gold, Litecoin, Dogecoin, Tron, Solana and Ripple 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 the Düsseldorf Stock Exchange as well as on all other German stock exchanges and XETRA (stock exchange symbol: ADE, ISIN: DE000A1TNV91, GSIN: A1TNV9). For more information on Bitcoin Group SE, please visit bitcoingroup.com.

About bitcoin.de: 
Bitcoin.de is a Germany-based and regulated marketplace for crypto assets and, with more than 1,100,000 registered users, is also one of Europe’s largest crypto marketplaces. With more than 10 years of operations, bitcoin.de has earned a reputation of one of the world’s most secure crypto trading platforms. Since users do not transfer euros to a trust account but pay conveniently directly from their bank account, the euros used for trading are even deposit-backed. 98% of the cryptocurrencies managed by bitcoin.de are held in secure cold wallets. The range of products available on bitcoin.de includes Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Litecoin (LTC), Dogecoin (DOGE), Tron (TRX), Solana (SOL) and Ripple (XRP).

Bitcoin Group SE publishes 2025 Annual Report: Strategic realignment ensures future viability in the dynamic crypto market

  • Revenue rises to EUR 10.0 million (previous year: EUR 9.3 million)
  • EBITDA at EUR 0.5 million as planned due to transformation investments (previous year: EUR 1.8 million)
  • Solid equity ratio of 71.8 % in addition to cash and cash equivalents of EUR 12.6 million ensure high financial flexibility
  • Stable dividend of EUR 0.10 per share planned, as in the previous year.
  • Net crypto holdings amount to EUR 293 million due to market dynamics
  • Full relaunch of Bitcoin.de as a modern, highly scalable trading platform is imminent

Herford, 26 June 2026 – Bitcoin Group SE (ISIN DE000A1TNV91) published its 2025 Annual Report today. The past year in the crypto market was marked by a period of readjustment amid structural change and ongoing volatility. While the macroeconomic environment remained challenging, increasing institutional adoption, regulatory progress such as the European MiCAR regulation, and the growing importance of government crypto reserves marked milestones in the sector’s ongoing maturation. Against this dynamic backdrop, Bitcoin Group SE consistently leveraged the year 2025 to advance its technological and strategic transformation.

Solid financial and balance sheet structure despite investment phase
In financial year 2025, Bitcoin Group SE generated revenue of EUR 10.0 million, up from EUR 9.3 million in the previous year. Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to EUR 0.5 million (previous year: EUR 1.8 million) due to planned high investments in the new trading platform and a targeted expansion of the workforce. On a net basis, depreciation and amortization of intangible assets, property, plant, and equipment, and rights of use resulted in a net loss of EUR 1.3 million, following a net profit of EUR 1.8 million in the previous year.

The company’s net crypto holdings reflected the weaker performance of Bitcoin as well as the weaker U.S. dollar against the euro, totalling EUR 293 million as of 31 December 2025 (31 December 2024: just under EUR 366 million). This reaffirms the company’s position as one of the world’s largest holders of crypto assets. With an equity ratio that remains excellent at 71.8 % (31 December 2024: 72.3 %) and an increase in cash and cash equivalents to EUR 12.6 million (31 December 2024: EUR 12.2 million), the Group’s financial position remains solid.

Against this backdrop, the Management Board will propose a dividend of EUR 0.10 per share to the Annual General Meeting in August 2026 – as in previous years – in order to maintain the Group’s track record of consistent dividend payments. At the same time, Bitcoin Group has the financial flexibility to drive the Group’s further development.

Quantum leap for Bitcoin.de and expansion into the institutional sector
The focus of the financial year was on the complete technological overhaul of the Bitcoin.de trading platform. The previous peer-to-peer marketplace was transformed into a state-of-the-art, scalable trading architecture. The official relaunch is imminent: Starting in late June 2026, customers will have access to a high-performance trading app for iOS and Android, as well as a completely redesigned website.

The modernized platform offers a significantly expanded product range of over 100 selected cryptocurrencies, innovative features such as savings plans, dynamic staking, and crypto swaps, as well as transactions processed in seconds via a free reference account. Trading will be possible starting with an investment of just one euro, with a competitive fee structure – while maintaining the highest “Made in Germany” security standards.

In addition, a few months after the platform relaunch, the Bitcoin Group SE will introduce a dedicated offering for institutional investors and small and medium-sized enterprises (SMEs) under the “futurum” brand. To ensure it can offer these services in a legally compliant manner throughout the EU in the future, its wholly owned subsidiary, futurum bank AG, is currently undergoing the MiCAR licensing process.

Moritz Eckert, CEO of Bitcoin Group SE, comments: “With the comprehensive realignment of Bitcoin.de, we are opening a new chapter in our company’s history. We have evolved the platform from its original peer-to-peer model into a highly scalable, modern trading platform. This largely completed structural realignment provides the ideal foundation for sustainably consolidating and expanding our market position in an increasingly professionalized crypto financial market.”

The German 2025 Annual Report is available for download as a PDF document in the Publications section of bitcoingroup.com. The English Report will be available by the beginning of July 2026.

Bitcoin Group SE: Change on the Management Board – Anton Langbroek succeeds Michael Nowak

Herford, 24 April 2026 – Bitcoin Group SE (ISIN DE000A1TNV91) announces a change to its Management Board: Mr. Anton Langbroek will be appointed to the Management Board effective 1 May 2026 and will succeed Mr. Michael Nowak, who is stepping down from the committee at his own request as of 30 April 2026.

The Supervisory Board would like to thank Mr. Nowak for his many years of dedicated and successful service as a member of the Management Board. During his tenure, he played a key role in shaping the strategic and operational development of the Bitcoin Group and provided important impetus for the company’s positioning in the dynamic market environment of digital assets.

With Anton Langbroek, the Bitcoin Group is welcoming an experienced manager with proven expertise in digital business models and capital markets. Mr. Langbroek will assume the role of member of the Management Board of Bitcoin Group SE in addition to his current position as a member of the Management Board of the subsidiary futurum bank AG.

"We are delighted to have gained Anton Langbroek, a distinguished leader, for our Management Board. With his experience, he will provide important impetus for the Bitcoin Group’s next phase of growth,” said Alexander Müller, Chairman of the Supervisory Board of Bitcoin Group SE.

Anton Langbroek adds: “The Bitcoin Group has an excellent foundation in an attractive and growing market. I look forward to working with the team to shape the next steps in our development and capitalize on market opportunities.”