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<p>CoinShares announced the Q4 2023 results and they are extremely promising! Look, after several years of declining profit they made a gain of $108 million, and the total assets increased to $3.81 billion.</p><p>Related: <a href="https://hodl.fm/retail-investors-predict-btc-price-fall" rel="noopener noreferrer nofollow">Deutsche Bank: Retail Investors Predict Bitcoin to Fall Under $20K by the End of 2024</a></p><p>Let&#39;s analyze this case in more detail. Mostly to give a little rest to the nerves of those who drained Bitcoin for $47,900. Oh, you people...</p><h2 id="header-0">CoinShares Who?</h2><p><a href="https://coinshares.com/" rel="noopener noreferrer nofollow">CoinShares</a> is a leading European digital assets investment firm. It’s a significant asset management platform that was the first to establish a regulated Bitcoin hedge fund, exchange-traded Bitcoin product, and private fund denominated in Ether.</p><p>This company works as a bridge between the crypto world and the world of good old corrupt fiat money (not the scam one according to your Granny).</p><p>CoinShares&#39; services include <a href="https://coinshares.com/hedge-fund-solutions" rel="noopener noreferrer nofollow">Hedge Fund Solutions</a>, <a href="https://coinshares.com/ventures" rel="noopener noreferrer nofollow">Ventures</a>, <a href="https://coinshares.com/capital-markets" rel="noopener noreferrer nofollow">Capital Markets</a>, and many more for different investment needs and strategies. And this company suffered a lot from the “crypto winter” that started in 2022 and is <a href="https://www.coindesk.com/markets/2024/02/12/bitcoin-hits-50k-on-coinbase-for-first-time-since-late-2021/" rel="noopener noreferrer nofollow">hopefully gone</a>!</p><p>Stay with us to see the stats!</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/97b2960a79d843e5a74dd5be57f0d43f.gif" /></p><h2 id="header-1">Let&#39;s Check Out What &#39;em Got!</h2><p>As compared to the earnings in <a href="https://coinshares.com/news/coinshares-publishes-2022-annual-report-and-outlines-strategy" rel="noopener noreferrer nofollow">2022</a>, CoinShares recorded a significant recovery in 2023. By the 4th quarter of 2022, the company&#39;s EBITDA was -$30.11 million and total revenue was -$46.94 million. In total, its revenues, mark-ups, and other income for 2023 amounted to $108.4 million. The company&#39;s adjusted EBITDA for the year amounted to $71.98 million, and total revenue was $47.95 million.</p><h2 id="header-2">READ MORE ON <a href="https://hodl.fm/coinshares-q4-results-analysis" rel="noopener noreferrer nofollow">HODL</a></h2>

CoinShares' Resurgence: From the Crypto Winter to Record-Breaking Success

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