Goobit Group Secures Convertible Loan from Principal Shareholder Blockchain AB

2025-08-14
6:00

Goobit Group AB (NGM: BTCX) (“Goobit” or “BTCX”), Sweden’s first publicly listed company focused on Bitcoin since 2011, today announces that it has entered into a Convertible Loan Agreement with its principal shareholder, Blockchain AB, owned by Goobit’s CEO Christian Ander. The agreement secures 12 months of operational financial stability and supports the company’s European MiCA expansion and Bitcoin Treasury Strategy.

Under the agreement, Blockchain AB will provide Goobit with a loan of SEK 5 million, transferred in Bitcoin based on the BTC/SEK rate at the time of transfer. The loan carries 0% interest and has a 12-month term from the execution date.

The lender has the right to convert all or part of the outstanding loan amount into shares of Goobit at a conversion price of SEK 0.16 per share, as determined on 6 August 2025. The borrower may choose to repay the loan in SEK, Bitcoin, or shares at the same conversion price, no later than 14 days before maturity. The loan is pending approval of the next general assembly under the Leo Law, otherwise repaid in the original Bitcoin amount.

The proceeds will be used to:

  • Ensure a minimum 12-month operational runway to support the company’s EU expansion under the MiCA license.

  • Execute the Bitcoin Treasury Strategy – guided by our Never Sell philosophy – acquisition of Bitcoin.

  • Continue strengthening our industry-leading AML compliance capabilities through aml-desk operations, ensuring full regulatory alignment.

“I’m long-term bullish on Bitcoin and our newly launched Bitcoin treasury. This convertible loan is a signal of my personal commitment to our vision and strategy, and a willingness to put my own capital at work to ensure our success,” said Christian Ander, CEO of Goobit Group AB and owner of Blockchain AB.

For further information, please contact:
Christian Ander, CEO, Goobit Group AB
Email: ir@goobit.se

About Goobit Group | BTCX
Goobit Group AB (publ) operates within the financial sector. The company launched BTCX in 2011—the world’s first still-operating bitcoin exchange. Goobit is Sweden’s leading bitcoin company in financial services and education. The company offers exchange services from fiat currencies to bitcoin and has so far exchanged over SEK 2 billion. Its most well-known brands are BTCX Express, Standard Bitcoin Exchange (BTCX), and Bitcoin Treasury. In addition to exchange services, the company also offers anti-money laundering (AML) services through AML Desk, as well as compliance services for crypto assets. Goobit Group AB (publ) was registered in 2013 and is a group consisting of the wholly owned subsidiaries Goobit AB and Goobit Blocktech AB. Goobit AB targets private individuals, corporate clients, and financial institutions. The group is headquartered in Gamla Stan, Stockholm, Sweden.

For more information, please visit Goobit’s website at goobit.se.

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