Crypto Broker Bitpanda Says Profit May Rebound to Record in 2024 Broker’s net revenue surged in 1Q after €148 million in 2023 Billionaire Peter Thiel among investors of Vienna-based firm

Crypto Broker Bitpanda Says Profit May Rebound to Record in 2024 Broker’s net revenue surged in 1Q after €148 million in 2023 Billionaire Peter Thiel among investors of Vienna-based firm

 


Bitpanda GmbH, the cryptocurrency broker backed by billionaire Peter Thiel, expects bank deals and a digital-asset rally to propel record profit this year.


Revenue is surging following 2023 net sales of €148 million ($160 million), with Bitpanda already netting more than €100 million of business in the first three months of 2024, the company said in a statement to Bloomberg