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Bloomberg: Bitpanda's Q1 net income exceeds 100 million euros, and full-year profit is expected to hit a new high
2024-05-16 08:27
Odaily News Bitpanda, a cryptocurrency exchange backed by billionaire Peter Thiel, expects that rising banking transactions and digital assets could help the company's profits rebound to record levels in 2024. Bitpanda said in a statement that revenue is surging, following net sales of 148 million euros ($160 million) in 2023, and net income from operations in the first three months of 2024 exceeded 100 million euros. (Bloomberg)