Bitpanda’s Profit Falls 75%, Firm Blames Pre-IPO Spending Push
Bitpanda reported €371 million ($430 million) in adjusted revenue for fiscal year 2025, a 16% gain from the year before, as the Vienna-based crypto broker added users and stretched its product lineup. Profitability, however, told a different story: adjusted EBITDA came in at €13 million, down from €52 million in 2024, a decline the company…