DGAP-News: Advanced Blockchain AG
/ Key word(s): Forecast/Cryptocurrency / Blockchain
Advanced Blockchain AG (Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6) expects an increased profit for the year compared to the communicated half-year result due to rebalancing of its digital asset portfolio. The balance sheet income will amount to at least a mid-single-digit million EUR amount before taxes within the Advanced Blockchain Group.
This rebalancing of crypto assets acquired by the organization in the years 2017 to 2020, will result in the ability to make new investments in more currently promising digital assets in a timely manner. A reduction of investments in digital assets overall is not planned, as Advanced Blockchain AG continues to assume a dynamic development of the market. Reallocations will be made over an extended period of time, potentially extending into the next fiscal year, depending on market conditions across centralized and decentralized exchanges for crypto assets. For more information on Advanced Blockchain AG and its projects and investments, please visit www.advancedblockchain.com.
23.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Advanced Blockchain AG |
Scharnhorststraße 24 | |
10115 Berlin | |
Germany | |
Phone: | +4930403669510 |
Fax: | 030403669511 |
E-mail: | info@advancedblockchain.com |
Internet: | www.advancedblockchain.com |
ISIN: | DE000A0M93V6 |
WKN: | A0M93V |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1251218 |
End of News | DGAP News Service |
|
1251218 23.11.2021
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.