Minage: Bigblock Datacenter in top form

Thursday, June 29, 2023

Co-founded in 2017 by Sébastien Gouspillou, the French company has already beaten its 2022 record results in the first few months of the year.

As everyone knows, current market conditions are penalising just about every crypto player. Except perhaps a few, like Bigblock Datacenter. According to our information, the French company specialising in Bitcoin mining is in good shape, great shape even.

In 2022, it recorded record sales of over €6 million and an Ebitda, i.e. pre-tax profit of around €1 million. Quite a performance, especially in the middle of a year as complicated as the one we've been through.

These rising figures can be explained in particular by the good performance of the company, which has operations in several countries such as Congo, Paraguay and Oman, and where the price of electricity is not expensive. The difficulties of major players, which have plummeted with the crisis, have also benefited the company co-founded in 2017 by Sébastien Gouspillou.

And for 2023? The figures should be even better. Again according to our information, in the first six months of the year, Bigblock Datacenter would already have done better than in the whole of 2022.

In the second half of the year, the company wants to accelerate its development in Paraguay, with installations near the Itaipu dam, and launch in new countries. According to our information, this could include Europe.

This analysis is not investment advice. It has been prepared without taking into account your personal situation, particularly your financial situation, risk profile, and investment objectives.

Before investing in any product, investors should fully understand the risks involved and consult their own legal, tax, financial, and accounting advisors.

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