22.10.2020 Bitcoin Group SE  DE000A1TNV91

DGAP-News: Bitcoin Group SE completes merger of Bitcoin Deutschland AG with futurum bank AG into Germany's first crypto bank


 

DGAP-News: Bitcoin Group SE / Key word(s): Merger
Bitcoin Group SE completes merger of Bitcoin Deutschland AG with futurum bank AG into Germany's first crypto bank

22.10.2020 / 09:59
The issuer is solely responsible for the content of this announcement.


Bitcoin Group SE completes merger of Bitcoin Deutschland AG with futurum bank AG into Germany's first crypto bank

- Merger of Bitcoin Deutschland AG with futurum bank AG registered in the commercial register

- Combined Entity to operate under the name of futurum bank AG

- Cryptotrading and custody under the umbrella of futurum bank AG from a single source

- High synergy effects at organizational level

- New growth impetus from institutional clients


Herford, October 22, 2020 - Bitcoin Group SE (ISIN DE000A1TNV91) has closed the merger of Bitcoin Deutschland AG with futurum bank AG. Germany's first crypto bank results from the unification of the crypto business division bitcoin.de and the entire Investment Banking services of futurum bank AG. After the successful registry in the commercial register on 13 October 2020, the combined entity will operate under the name futurum bank AG. The integration measure is thus completed also on the corporate law level.

After the merger has been completed futurum bank AG now bundles all regulatory licensed assets held in the Group under one entity that has already been licensed under regulatory law. This results in high synergy effects within Bitcoin Group SE by reducing organizational and regulatory complexity. Furthermore, this measure strengthens Bitcoin Group SE's offering as a cryptocurrency trading platform, and depository. futurum bank AG can offer customers an even better service from a single source.

This marks a further significant step in diversifying the business model. The BaFin has established a unified legal framework for banks to offer and store cryptocurrencies. Bitcoin Group SE also makes use of this possibility and extends the provision of cryptocustody services to the entire Group of companies. In the future, Europe's largest crypto trading platform will also be available to institutional customers via futurum bank AG. The new customer base opens up new value-adding growth prospects for Bitcoin Group SE.

"Market participants, both private and institutional, are looking for profitable investment opportunities outside the Euro and US Dollar & Co. Cryptocurrencies are much appreciated for their high returns and safety features. Our reliable and attractive service portfolio, which is already used by more than 884,000 private customers, will in future also be open to institutional investors via the newly formed futurum bank AG. We expect that this will result in significant growth impulses for Bitcoin Group SE," 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 a trading marketplace for the digital currencies Bitcoin, Bitcoin Cash, Bitcoin Gold and Ethereum under Bitcoin.de in addition to classic investment services 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 880,000 customers. After more than 8 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 September 29. 2020). 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: [email protected]
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: [email protected]
website: www.crossalliance.de



22.10.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Bitcoin Group SE
Nordstrasse 14
32051 Herford
Germany
Phone: +49.5221.69435.20
Fax: +49.5221.69435.25
E-mail: [email protected]
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: 1141919

 
End of News DGAP News Service

1141919  22.10.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 0,78 1,13 12,65 11,33 6,30 15,03 24,00
EBITDA1,2 -0,05 -0,10 10,91 8,66 2,59 10,55 16,00
EBITDA-Marge3 -6,41 -8,85 86,25 76,43 41,11 70,19 66,67
EBIT1,4 -0,06 -0,11 10,89 2,43 3,24 13,54 20,00
EBIT-Marge5 -7,69 -9,73 86,09 21,45 51,43 90,09 83,33
Jahresüberschuss1 -0,02 0,11 7,45 1,55 2,15 9,52 15,00
Netto-Marge6 -2,56 9,73 58,89 13,68 34,13 63,34 62,50
Cashflow1,7 -0,41 0,29 6,69 -1,11 -0,36 7,41 22,00
Ergebnis je Aktie8 0,00 0,02 1,49 0,31 0,43 1,90 3,00
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: GAR

INVESTOR-INFORMATIONEN
©boersengefluester.de
Bitcoin Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1TNV9 35,600 Kaufen 178,00
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,89 30,62 0,33 33,81
KBV KCV KUV EV/EBITDA
2,22 24,03 11,84 7,20
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 0,00 0,00 16.07.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.09.2021 14.06.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-10,81% -23,54% -50,35% 27,14%
    
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