Herford, 2 September 2024 - Bitcoin Group SE (ISIN DE000A1TNV91) successfully held its Annual General Meeting 2024 last Friday. The shareholders approved all proposed resolutions on the agenda with large majorities. A total of 36,29% of the share capital was present at the Annual General Meeting, which was held in presence.

In their speech, the Management Board looked back on a challenging financial year characterised by low trading activity due to external influences such as high inflation, rising interest rates and geopolitical tensions. Despite all the challenges, the Management Board once again presented a rock-solid balance sheet to the shareholders in attendance. Bitcoin Group SE's equity increased by 88% to EUR 137.9 million as at 31 December. The value of net crypto assets jumped by almost 133% to EUR 164.8 million in the 2023 financial year due to the price increase on the crypto market. The stable financial position allows a dividend of EUR 0.10 per share to be distributed to shareholders, as in the previous year.

"In 2023 and in the current year, important regulatory decisions were made. Not least the authorisation of crypto spot ETFs by the US Securities and Exchange Commission (SEC) gave the crypto market a further boost. Overall, this has significantly increased the acceptance of cryptocurrencies as an asset class. We will benefit from this with our reputable range of services," said Marco Bodewein, CEO of Bitcoin Group SE.

The voting results are available on the Bitcoin Group SE website at bitcoingroup.com in the Annual General Meeting section.