Bitfire Group reported that the scale of digital asset management in the third quarter reached $221 million, with a growth of 60.1%
The trading volume of crypto assets increased by 362.2% to $342 million, and the number of customers grew by 31.4% to 1,058.
Hong Kong, October 26th / PRNewswire / -- Bitfire Group Holdings Limited (HKEX: 1611, formerly known as Sinohope Technology Holdings Limited, hereinafter referred to as "the Company" or "the Group") today announced its core business operating data for the quarter ended September 30, 2026.
The group stated that in the third quarter, its core business achieved strong growth. Compared to the previous quarter, the scale of digital asset management, the volume of crypto asset transactions, and the number of customers increased by 60.1%, 362.2%, and 31.4%, respectively.
As of September 30, 2026, the group's digital asset management scale amounted to approximately $221 million, representing a growth of 60.1% compared to the previous quarter. The group stated that despite the challenging environment in the broader crypto asset market, its digital asset management scale still increased by about 700% over the past year, with an average monthly growth rate of around 17%.
For the three months ending September 30, 2026, the group recorded a trading volume of approximately $342 million in crypto assets, representing a growth of 362.2% compared to the previous quarter. The trading volume in September alone was about $117 million.
The number of customers using the group's asset management and crypto asset trading services has reached 1,058, an increase of approximately 31.4% compared to the previous quarter. The group's service targets include global financial institutions, listed companies, family offices, and ultra-high net worth individuals.
At the same time, the group manages approximately $113 million in assets and customer wealth management assets through its licensed digital asset exchange in Japan, BitTrade. As of September 30, 2026, it has 306,358 registered users.
In the third quarter of 2026, there were signs of recovery in the broader digital asset market, with the price of Bitcoin and the funds flowing into related investment products once again attracting market attention. The constantly changing market environment has brought new opportunities for digital asset management and trading services, while the demand from institutions for professional asset management, trading execution, and compliance services continues to grow.
Bitfire Group indicates that we will continue to focus on the ever-changing needs of our customers, expand our digital asset management and trading services, and further develop related financial services.
About Bitfire Group
Bitfire Group Holdings Limited (01611. HK) is a leading digital asset financial services platform in Asia, committed to establishing the first digital asset custodian institution in the Asia-Pacific region that meets private banking standards. The group holds Class 1, 4, and 9 licenses issued by the Hong Kong Securities and Futures Commission, providing compliant, secure, and efficient one-stop digital asset services for institutional clients and high-net-worth individuals.
