Bitcoin Suisse

Bitcoin Suisse Announces Series A Raise for CHF 275 Million

Bitcoin Suisse has announced its Series A and first-ever capital raise, offering a total of 20% of shares in BTCS Holding AG, the holding company owning and controlling all Bitcoin Suisse subsidiaries, with full voting and dividend rights, at a CHF 275m pre-money valuation, to qualified, accredited and professional

The capital raise aims to further accelerate the potential for profitable growth of the company and its cross-border licensing efforts. The company’s current equity capital is CHF 54m and “friends & family” have already subscribed and committed around CHF 20m in the series A. Swiss banker Roger Studer and family was the lead investor in the friends and family phase.

“Bitcoin Suisse has a high-quality offer, based on a proven and solid business with state-of-the-art technology, and stands as a market leader in the Swiss crypto-financial space, poised to grow rapidly. For these reasons, the Studer Family Office is most excited and pleased to take part in the Series A offering”, said Roger Studer.

Arthur Vayloyan
Arthur Vayloyan

Arthur Vayloyan, CEO of Bitcoin Suisse, commented: “As Bitcoin Suisse transitions into becoming a Swiss bank, company equity solidly above CHF 100m will provide a strong and profitable balance sheet. The Series A round opens the way to greatly accelerate and grow the business volume of Bitcoin Suisse, as well as its profitability. It is the right move for the company, and it is an excellent opportunity for investors to join an extraordinary journey”.

Niklas Nikolajsen, Founder and President of the Board, said: “Bitcoin Suisse is my life’s work, and this Series A constitutes our first-ever capital raise. With the CHF 54m of company capital gathered through many years of retained earnings, we have come a long way. But looking forward, we could face limitations as to the speed of our growth, as we see great demand for collateralized loans, liquidity provision – and an ever increasing need to secure our on-balance client deposits through Swiss bank guarantees. With the Series A and the capital raised, we will be able to continue our exponential growth, as well as expand with cross border licenses.”