Advanced Blockchain AG: ‘Buy’ Rating Signals Confidence After Major Overhaul
Augsburg, Germany – October 15, 2025 – In a significant development for the blockchain investment landscape, GBC AG has issued a ‘Buy’ rating for Advanced Blockchain AG (ABAG), setting a target price of EUR 3.79 per share. This upgrade comes after a period of intense restructuring for ABAG, addressing past irregularities and positioning the company for future growth. This is breaking news for investors tracking the evolving blockchain sector, and signals a potential turning point for the company.
From Turbulence to Transformation: ABAG’s Journey
The past fiscal year proved pivotal for Advanced Blockchain AG. The company underwent a complete management overhaul and tackled issues at its subsidiary, Incredulous Labs Ltd., implementing robust governance and control mechanisms. While these cleanup efforts resulted in a net loss of EUR -1.78 million in 2024 (compared to EUR -0.88 million the previous year), GBC AG’s research highlights that these costs were necessary investments in stability and transparency. It’s a classic case of short-term pain for long-term gain, a strategy often seen in turnaround situations.
Independent audits revealed past deficiencies, but crucially, confirmed the strength of the current organizational structure. ABAG’s revenue doubled year-over-year to EUR 226k, though it remains reliant on the performance of Incredulous Labs. The company maintains a solid equity base of EUR 8.88 million, representing an equity ratio of 68.8%, demonstrating financial resilience.
Incredulous Labs: Addressing the Past, Building for the Future
Incredulous Labs, ABAG’s Cypriot subsidiary, remains central to the company’s portfolio. While achieving revenues of USD 229k and a net profit of USD 1.25m in 2024, the subsidiary faced scrutiny with forensic audits uncovering instances of asset misappropriation. The auditor issued a disclaimer of opinion for both 2023 and 2024. However, new management has swiftly implemented modern control systems, including multi-signature wallets and institutional custody solutions, and initiated legal action to recover lost assets. This proactive approach is a key factor in GBC AG’s positive assessment.
Riding the Crypto Wave: Market Dynamics and Portfolio Performance
2024 witnessed a historic surge in the blockchain and cryptocurrency markets, with Bitcoin and Ethereum reaching multi-year highs. ABAG’s portfolio benefited from this bull run, particularly through the successful launch of the peaq token, which briefly achieved unicorn status. However, the subsequent decline in PEAQ’s value underscored the inherent volatility of the crypto market and the risks of concentrated holdings. As of June 30, 2025, the value of ABAG’s top 15 holdings had decreased to approximately USD 15 million from USD 56 million at the end of 2024.
In response to this volatility, ABAG’s management has adopted a diversification strategy, focusing on more liquid assets. This shift reflects a growing trend in the crypto investment space – a move away from highly speculative altcoins towards more established and stable digital assets. Understanding this dynamic is crucial for anyone navigating the crypto landscape.
Net Asset Value and Investment Outlook
Based on its top 15 portfolio positions, factoring in holding costs and a 30% latent upside, GBC AG estimates ABAG’s Net Asset Value (NAV) at EUR 15.36 million, or EUR 3.79 per share. This valuation supports the ‘Buy’ rating and suggests potential for significant returns. For investors looking to gain exposure to the blockchain sector, ABAG, with its restructured foundation and proactive management, presents a compelling opportunity.
The team at Archyde will continue to monitor Advanced Blockchain AG and provide updates as this story develops. Stay tuned for further insights into the rapidly evolving world of blockchain and digital assets. For more in-depth analysis and breaking news, explore our dedicated blockchain news section.
Source: Advanced Blockchain AG via GBC AG Research – https://eqs-cockpit.com/c/fncls.ssp?u=26b0d01ea94d7551b01d29d86189f9bc
