CoinShares Announces Q2 2025 Results

SAINT HELIER, Jersey, Aug. 29, 2025 /PRNewswire/ -- CoinShares International Limited ("CoinShares'' or "the Group") ((Nasdaq Stockholm: CS, OTCQX:CNSRF), the leading European asset manager specialising in digital assets, has today published its results for the quarter ending 30th June 2025.

Q2 2025 Financial Highlights 

Asset Management fees of $30.0 million (Q2 2024: $28.3 million)

Capital Markets gains/income of $11.3 million (Q2 2024: $14.6 million)

Adjusted EBITDA of $26.3 million (Q2 2024: $25.5 million*)

Treasury gain of $7.8 million (Q2 2024: $0.4 million loss)

Net profit of $32.4 million (Q2 2024: $31.8 million)

EPS (basic) for Q2 2025 of $0.49 (Q2 2024: $0.47)

Total comprehensive income of $33.0 million (Q2 2024: $32.6 million)

*Presented exclusive of FTX claim sale income and FlowBank impairment

Jean-Marie Mognetti, Chief Executive Officer of CoinShares said:

"Q2 delivered another quarter of solid performance across all business units. In the three month period we saw a significant recovery in digital asset pricing, with Bitcoin rallying 29% and Ethereum 37% in the quarter. While average prices seen over Q1 and Q2 2025 are relatively comparable (hence the largely similar results to the previous quarter) we closed H1 2025 with strong AUM.

We have experienced further growth in digital asset pricing so far in Q3 with BTC reaching an all time high of $124,128 on 14th August 2025 and Ethereum following suit on 24th August 2025 by reaching $4,945. While we have since seen a retracing of the BTC and ETH price somewhat, the average AUM on which we are earning ...