Goobit loses momentum in revenue but strengthens strategy with new partnerships

Goobit reports sharply reduced revenues in the quarter, but continues to drive its long-term growth plan through Bitcoin Treasury strategy, new partnerships and submitted MICA application to the Financial Supervisory Authority.

December 15, 2025

Goobit Group reports net sales of NOK 24.0 million for the period August-October, compared with NOK 50.8 million in the same quarter last year. Operating profit weakened to NOK -3.7 million. Despite the downturn, the company is strengthening its position through the launch of a Bitcoin Treasury strategy, an expanded partnership with K33 as well as new partnerships with BitGo and a Nordic bank. The company has also submitted its application for authorisation under the EU MICA regulations.

Goobit is the parent company of crypto exchange BTXC and is led by CEO Christian Ander (pictured).

Overview of Financial Results

Results for the period August—October 2025, compared to the corresponding period of the previous year.

  • Net sales amounted to SEK 24.0 million (50.8).
  • Operating profit amounted to SEK -3.7 million (-2.9).
  • Profit after financial items amounted to SEK -4.0 million (-3.0).
  • Earnings per share before and after dilution amounted to SEK -0.01 (-0.01).

Important events of the period

  • Goobit Group AB announced that the company has launched a long-term Bitcoin Treasury strategy. The first round has been concluded with a subscription price of SEK 0.15 per share. A second round is planned.
  • Goobit Group AB announced a partnership with K33, which has been expanded to include trading and custody for the treasury business.
  • Goobit Group AB reported that the first round was oversubscribed at 106 percent; 85,305,582 shares were allocated at the price of SEK 0.15 through offsetting SEK 12,795,839, corresponding to a dilution of 29.9 percent compared to the number of shares before the issue.
  • Goobit AB has submitted its application for authorization as a provider of crypto services under the EU Regulation on Markets for Crypto Assets (MiCA). The application has been submitted to the Financial Supervisory Authority and is pending.
  • Goobit AB, operator of Sweden's first and longest-running Bitcoin exchange BTCX, announced that the company has been approved for onboarding at one of Europe's leading providers of account-to-account payments (A2A).

Important events after the period

  • Goobit AB announced a new strategic partnership with BitGo Europe GmbH, a digital asset infrastructure company. The partnership strengthens Goobit's business through access to reliable and market-leading infrastructure in line with the company's long-term strategy and ambition to build robust, secure and future-proof services.
  • Goobit AB announced that the company has successfully onboarded a new Nordic banking partner, which strengthens the company's banking infrastructure and further improves the ability to serve customers in the Nordic region.