BIGG Digital Assets Inc V.BIGG

RE:RE:BIGG Digital Assets announces preliminary Q1-2024 results

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<div class="et_post_meta_wrapper" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; font-size: 14px; text-size-adjust: 100%; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; color: rgb(102, 102, 102); font-family: Roboto, Helvetica, Arial, Lucida, sans-serif;"> <h1 class="entry-title" style="box-sizing: border-box; margin: 0px; padding: 0px 0px 10px; border: 0px; outline: 0px; font-size: 30px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(51, 51, 51); line-height: 1em; font-weight: 500;"> Netcoins announces unaudited Q1 2024 Results</h1> <p class="post-meta" style="box-sizing: border-box; margin: 0px 0px 6px; padding: 0px 0px 15px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> by&nbsp;<span class="author vcard" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"><a href="https://biggdigitalassets.com/press-releases/author/victor/" rel="author" style="box-sizing: border-box; text-decoration-line: none; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(102, 102, 102);" title="Posts by BIGG">BIGG</a></span>&nbsp;|&nbsp;<span class="published" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Apr 2, 2024</span>&nbsp;|&nbsp;<a href="https://biggdigitalassets.com/press-releases/category/press-releases/" rel="category tag" style="box-sizing: border-box; text-decoration-line: none; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(102, 102, 102);">Press Releases</a></p> <img alt="BIGG" height="675" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1080px, 100vw" src="https://biggdigitalassets.com/wp-content/uploads/2022/01/BIGG-NEWS-NEW.jpg" srcset="https://biggdigitalassets.com/wp-content/uploads/2022/01/BIGG-NEWS-NEW.jpg 1080w, https://biggdigitalassets.com/wp-content/uploads/2022/01/BIGG-NEWS-NEW-980x490.jpg 980w, https://biggdigitalassets.com/wp-content/uploads/2022/01/BIGG-NEWS-NEW-480x240.jpg 480w" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; max-width: 100%; height: auto;" width="1080" /></div> <div class="entry-content" style="box-sizing: border-box; margin: 0px; padding: 30px 0px 0px; border: 0px; outline: 0px; font-size: 14px; text-size-adjust: 100%; vertical-align: baseline; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; counter-reset: footnotes 0; color: rgb(102, 102, 102); font-family: Roboto, Helvetica, Arial, Lucida, sans-serif;"> <table style="border-collapse: collapse; border-spacing: 0px; border-style: solid; border-color: rgb(238, 238, 238); margin: 0px 0px 15px; width: 329.598px;"> <tbody style="box-sizing: border-box;"> <tr style="box-sizing: border-box;"> <td style="box-sizing: border-box; border-top-style: solid; border-top-color: rgb(238, 238, 238); padding: 6px 24px; border-right-style: solid; border-right-color: rgb(238, 238, 238);"> <b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">APRIL 2, 2024</b></td> </tr> <tr style="box-sizing: border-box;"> <td style="box-sizing: border-box; border-top-style: solid; border-top-color: rgb(238, 238, 238); padding: 6px 24px; border-right-style: solid; border-right-color: rgb(238, 238, 238);"> <span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">NEWS RELEASE</span></td> </tr> <tr style="box-sizing: border-box;"> <td style="box-sizing: border-box; border-top-style: solid; border-top-color: rgb(238, 238, 238); padding: 6px 24px; border-right-style: solid; border-right-color: rgb(238, 238, 238);"> <b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">CSE: BIGG</b></td> </tr> </tbody> </table> <p style="box-sizing: border-box; margin: 0px; padding: 0px 0px 1em; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> <span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">VANCOUVER &ndash;</span><b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">&nbsp;BIGG Digital Assets Inc.&nbsp;</b><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">(&ldquo;</span><b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">BIGG</b><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">&rdquo;</span>&nbsp;<span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">or the &ldquo;</span><b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Company</b><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">&rdquo;)&nbsp;</span><b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W),&nbsp;</b><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">a leading innovator in the digital assets space and owner of</span><a href="https://netcoins.com/" style="box-sizing: border-box; text-decoration-line: none; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(46, 163, 242);">&nbsp;<span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Netcoins</span></a><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">, and</span><a href="https://blockchaingroup.io/" style="box-sizing: border-box; text-decoration-line: none; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(46, 163, 242);">&nbsp;<span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Blockchain Intelligence Group</span></a><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">&nbsp;and</span><a href="https://terrazero.com/" style="box-sizing: border-box; text-decoration-line: none; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(46, 163, 242);">&nbsp;<span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">TerraZero</span></a><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">&nbsp;is pleased to report&nbsp;</span><a href="https://www.netcoins.com/us" style="box-sizing: border-box; text-decoration-line: none; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; color: rgb(46, 163, 242);"><b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Netcoins</b></a><b style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">&nbsp;unaudited Q1 2024 results.&nbsp;</b><span style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">All figures are in Canadian Dollars (CAD) unless otherwise stated.&nbsp;</span></p> <ul style="box-sizing: border-box; margin: 0px; padding-right: 0px; padding-bottom: 23px; padding-left: 1em; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent; list-style-position: initial; list-style-image: initial; line-height: 26px;"> <li aria-level="1" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> <i style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Q1 2024 recorded quarterly revenue of $3.1 million, an increase of nearly 180% compared with calendar Q1 2023</i></li> <li aria-level="1" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> <i style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Netcoins crypto trading platform processed approximately $265 million in crypto trading volumes in Q1 2024, compared to $60.8 million in Q1 2023</i></li> <li aria-level="1" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> <i style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Netcoins total cash, digital assets, and investments of approximately $21 million as at March 31, 2024</i></li> <li aria-level="1" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> <i style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">Netcoins Assets Under Custody is now over $127 million as at March 31, 2024</i></li> <li aria-level="1" style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;"> <i style="box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px; text-size-adjust: 100%; vertical-align: baseline; background: transparent;">BIGG Digital Assets total cash, digital assets and investments of approximately $30 million as at March 31, 2024</i></li> </ul> </div> <br />