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0.36 0.00 (0.00%)

Bid:

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0.37

Spread: 0.02 (5.714%)

Market Cap: £5.79m

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Quantum Blockchain reports wider full-year loss

Mon, 29th Jun 2026 14:09

(Sharecast News) - Quantum Blockchain Technologies reported a wider full-year loss on Monday as it continued development work on its bitcoin mining technologies, including its Method C AI Oracle.

The AIM-traded company said its total comprehensive loss for 2025 was €3.13m, compared with €2.85m a year earlier, while its operating loss narrowed slightly to €2.95m from €2.98m.

Net liabilities stood at €6.11m at year-end, with cash of €451,000, although QBT said bondholders had since approved an extension of the maturity of its bonds to December 2028.

Chairman and chief executive Francesco Gardin said 2025 had been "an important period of continued progress", with QBT moving closer to live testing, software porting, hardware integration and commercial engagement.

The company said its software-only Method C implementation could simplify deployment across existing bitcoin mining infrastructure, while post-period activity included further testing with ASIC hardware, a £500,000 placing, and plans for its BlocKeeper subsidiary.

At 1029 BST, shares in Quantum Blockchain Technologies were up 1.06% at 0.36p.

Reporting by Josh White for Sharecast.com.

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