Advanced Bitcoin Technologies AG substantially improved its earnings situation in the first half of the year from January 1 to June 30, 2024 and significantly reduced its consolidated annual loss to -28k Euro (first half of 2023 (previous year) -596k Euro). In addition, important progress was made in the ongoing enforcement action against the unlawfully acting former trustee of savedroid AG regarding the release of the cryptocurrency balances from the company's Initial Coin Offering (ICO).

In the first half of 2024, the ABT Group increased its operating profit (EBITDA, defined as sales revenue plus other capitalized own work, other operating income, less material costs, personnel costs and other operating expenses) to 676k Euro (previous year: 148k Euro). The positive EBITDA resulted primarily from higher gains on the sale of cryptocurrency assets amounting to 799k Euro (previous year: 357k Euro). Applying the LiFo method and taking into account the historical acquisition costs as the upper value limit, the crypto assets amounted to a total of 7.787m Euro as per the balance sheet date on June 30, 2024 (after 7.999m Euro as of December 31, 2023), while the market value as per the balance sheet date was 36.440m Euro and currently amounts to 30.069m Euro.

Buying your dream property with Bitcoin is finally becoming a reality. Thanks to the cooperation between SecPay.io and Black Label Immobilien, buyers can now use their crypto assets via the exchange service with Bitcoin price guarantee to fulfill their real estate dreams easily, conveniently, and in compliance with the applicable regulatory requirements. This innovative user experience is enabled by the cooperation between savedroid FL GmbH, a 100% subsidiary of Advanced Bitcoin Technologies AG, and BLP Investments GmbH to use the fully regulated Bitcoin payment gateway SecPay.io.

Until now, the process of using existing crypto assets to purchase real estate has been painful, time-consuming, and expensive. First, Bitcoin had to be transferred from the private wallet to a crypto exchange, then exchanged for Euros, then the Euros were paid out to the bank Account, and finally transferred from there to pay the property purchase price, which in practice requires a lot of manual work and regularly takes far more than 48 hours. Given the large amounts required to purchase a property, the high volatility of the Bitcoin price, and the existing regulatory withdrawal restrictions for cryptocurrency proceeds, this is an extremely unsatisfactory user experience. Through the cooperation between SecPay.io and Black Label Immobilien, buying real estate with Bitcoin is now possible for the first time quickly and without detours, with a Bitcoin price guarantee and at low transaction costs through the fully regulated exchange service, which offers buyers significant advantages.

Advanced Bitcoin Technologies AG (ABT, ISIN: DE000A2YPJ22) again achieved positive EBITDA at group level in the first half of the year from January 1 to June 30, 2023 and, at the same time, made important strategic progress, particularly in the areas of SecPay.io sales and foreclosure against the former trustee of savedroid AG.

The ABT Group once again reported an operating profit (EBITDA, defined as total performance plus other operating income, less material costs, personnel expenses and other operating expenses) of 148k Euro (first half of 2022 (p.y.) 134k Euro). The positive EBITDA resulted primarily from gains on the sale of cryptocurrencies amounting to 357k Euro (p.y.: 520k Euro). Using the LiFo method and taking into account the historical acquisition costs as the upper value limit, the crypto assets amounted to a total of 8.309m Euro as per the balance sheet date on June 30, 2023 (after 8.481m Euro as of December 31, 2022), while the market value as of the balance sheet date was 19.695m Euro and the current value amounts to 18.102m Euro.

From now on, private investors from all over Europe can exchange Bitcoin directly for Gold easily, quickly and securely at GoldSilberShop.de. Thanks to the Bitcoin price guarantee of SecPay.io and GoldSilberShop.de’s multiple award-winning range of precious metals, private investors benefit from a new and trustworthy user experience. This innovation is made possible by the cooperation between savedroid FL GmbH, a 100% subsidiary of Advanced Bitcoin Technologies AG, and SOLIT Management GmbH for the integration of the Bitcoin payment plugin SecPay.io on GoldSilberShop.de.

Until now, the process of exchanging Bitcoin for Gold had been tedious, time-consuming and risky for private investors. First, Bitcoin had to be transferred from the private wallet to a crypto exchange, then exchanged for Euros there, then the Euros needed to be paid out to the bank account and finally had to be transferred from there to the merchant to pay for the Gold purchase, which in practice requires a lot of work and regularly took about 48 hours. A very unsatisfactory user experience given the volatility of Bitcoin and Gold prices. Thanks to the cooperation between SecPay.io and GoldSilberShop.de, it is now possible for the first time to exchange Bitcoin for Gold in just a few minutes without detours and with a Bitcoin price guarantee, which offers private investors significant advantages.

Advanced Bitcoin Technologies AG will have two changes to its Supervisory Board in the first quarter of 2023. The acting Chairman of the Supervisory Board, Frank Schwab, resigned from office for personal reasons effective December 31, 2022. In addition, the acting Deputy Chairman of the Supervisory Board, Thomas Rüdesheim, resigned his mandate for personal professional reasons effective February 28, 2023. Both resignations are in the best mutal agreement with the company and Mr. Schwab and Mr. Rüdesheim will continue to support ABT in the future.

The two main shareholders of Advanced Bitcoin Technologies AG, Arriba Ventures GmbH and Zandups GmbH, who together hold 73.86% of the share capital of ABT, have made use of their joint right of appointment a member to the Supervisory Board in accordance with Section 10 (5) of the company's Articles of Association and have appointed Dr . Thomas Feldkircher, lawyer, born on January 14, 1986, residing in Bludenz, Austria, as the successor to Mr. Frank Schwab with effect from January 1, 2023 and until the end of the 2023 Annual General Meeting. In addition, at the request of the ABT Executive Board, Mr. Liutauras Varanavičius, entrepreneur and manager, born on March 17, 1970, residing in Vilnius, Lithuania, shall be appointed as Supervisory Board member by court as the successor to Mr. Thomas Rüdesheim until the end of the 2023 Annual General Meeting. As part of the 2023 Annual General Meeting, Dr. Feldkircher and Mr. Varanavičius shall be elected to the Supervisory Board by all shareholders and thus, be confirmed in their offices. In addition, Dr. Siegfried Herzog, lawyer and entrepreneur, born on February 27, 1982, residing in Triesen, Liechtenstein shall be elected as a substitute member of the ABT Supervisory Board.

At request of the lead broker, ICF BANK AG Wertpapierhandelsbank, the Berlin Stock Exchange has included the shares of Advanced Bitcoin Technologies AG for variable trading on the open market as of November 11, 2022.

Advanced Bitcoin Technologies AG has achieved important operational milestones and a positive EBITDA at group level in the first half of the year from January 1st to June 30th, 2022. As part of the ongoing strategic realignment towards becoming an ecosystem builder, the ABT-Group has launched the new mobile app "twest - Get Bitcoin by tweet", identified a growth portfolio consisting of 20 promising crypto projects and invested in their tokens, and completed its first ecosystem investment in the blockchain and digital-assets startup Tradelite Solutions GmbH, which develops and markets "play-to-earn" and "play-to-learn" games in the field of financial entertainment. As a next step, also the new digital checkout system for business customers "SecPay - accept Bitcoin, receive Euro", which enables merchants to accept Bitcoin payments easily and securely, will be taken operational. At the same time, the ABT-Group closed the first half of 2022 with an operating profit (EBITDA, defined as total revenues plus other operating income, less material costs, personnel expenses, and other operating expenses) of EUR 134 thousand (first half of 2021: EUR 809 thousand).

Advanced Bitcoin Technologies AG (ABT, ISIN: DE000A2YPJ22) is consistently pursuing its new strategic direction: The 100% subsidiary savedroid FL GmbH has launched its new product "twest - Get Bitcoin by tweet". In addition, the first growth portfolio investments in promising crypto tokens were made. The aim of both measures is the implementation of the new, expanded corporate strategy to become a blockchain ecosystem builder, which enables investors to participate in the global megatrend of crypto and digital assets.

Advanced Bitcoin Technologies AG today published its consolidated half-year financial statements for the 2021 financial year. In addition, the company announces the date of the court judgment in the wallet hand-over proceedings against the former ICO trustee of the 100% subsidiary savedroid AG on 13. October 2021.

• savedroid AG and dadacoin technologies GmbH connect cryptocurrencies and art through an innovative dadacoin token (smart contract)
• dadacoin token aims to make the value of art for artists and target audiences mappable as a contemporary valuation of "Digital Dadaism"
• dadacoin token allows users to access the digital collection of Dada artworks as well as purchase the analog artworks online
• dadacoin token and the associated e-commerce platform offer added value not only for artists, but also for art collectors and art dealers
• Market launch of the product offerings is planned for the second quarter of 2021

At request of the lead broker, mwb fairtrade Wertpapierhandelsbank AG, the Hamburg Stock Exchange has included the shares of Advanced Bitcoin Technologies AG for variable trading on the open market as of February 15, 2021.

With effect from 2 November 2020, the listing of Advanced Bitcoin Technologies AG will be changed to variable.

Publication of the 2020 half-year financial statement – in German only

Advanced Bitcoin Technologies AG: Publication of the 2019 annual financial statement postponed