Crypto Blockchain Industries Reports Annual Results, Shifts Strategy to Prioritize Bitcoin Mining Over CREATE Activity

Crypto Blockchain Industries reports its annual results for the year ended March 31, 2026, highlighting a strategic shift to prioritize Bitcoin mining over its CREATE activities. The transition includes pausing CREATE projects, resulting in a 17,608 thousand euro asset impairment provision and a net loss of 21,696 thousand euros. To achieve operational break-even, the company is cutting overhead costs, linking executive pay to performance, and planning the acquisition of dedicated artificial intelligence servers.

Strategic pivot to Bitcoin mining

• ▪Crypto Blockchain Industries confirmed its strategic decision to prioritize Bitcoin mining activities and pause the development of its CREATE business.
• ▪Crypto Blockchain Industries operates its Bitcoin mining activities under a long-term strategic partnership with Blockware Solutions in the United States.

CREATE activity pause

• ▪Crypto Blockchain Industries parted ways with the employees and consultants of the CREATE activity to improve its cash position.
• ▪Crypto Blockchain Industries paused its CREATE activities, which include emoji and AlphaVerse/Football at AlphaVerse, to seek partners.

Asset impairment provisions

• ▪Crypto Blockchain Industries recorded an asset impairment provision of 17,608 thousand euros in its financial statements as of March 31, 2026.
• ▪The asset impairment provisions of Crypto Blockchain Industries include 9,400 thousand euros for AlphaVerse/Unity assets and 2,800 thousand euros for foreign exchange losses.

Performance-linked compensation structure

• ▪The remuneration of Frédéric Chesnais is linked to the performance of Crypto Blockchain Industries starting from April 1, 2026.
• ▪The payment of interest on partners' current accounts and company rents are linked to the future performance of Crypto Blockchain Industries.

Cost reduction measures

• ▪Crypto Blockchain Industries reduced its general and administrative expenses to a minimum starting from April 1, 2026.
• ▪Crypto Blockchain Industries expects its research, development, marketing, and sales costs to be close to zero starting October 1, 2026.

AI server acquisition goals

• ▪Crypto Blockchain Industries plans to fund the acquisition of dedicated artificial intelligence servers to help achieve operational break-even.
• ▪Crypto Blockchain Industries aims to expand its server park by acquiring servers dedicated to artificial intelligence.