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

Jul 31, 2026

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.