Bitpanda’s $100M Q1 Revenue Fuels Optimism for 2024

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Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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Bitpanda, a Vienna-based fintech company, has attracted global attention as it anticipates record-high profits in 2024, having achieved revenue of over $100M in Q1. The leading trading company recovered from its 2022 losses, which exceeded 130 million euros. Bitpanda sees a bullish trend for its future despite the turbulence in the broader market. Its CEO and founder, Eric Demuth, claims the company can withstand long bear markets and scale significantly with high-profit margins in bull markets. Bitpanda recently added FLOKI to its Memecoin Leaders Index to revolutionize its crypto offerings to users.

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