Ace Digital Surges 373% in Q3, Debt-Free and Ready for Q4
Ace Digital, a Norwegian company listed on Euronext Growth Oslo under the ticker ACED, has released its Q3 2026 update. The company generated a net profit of NOK 6.32 million during the quarter, with equity increasing by 19.3% to NOK 39.09 million. Importantly, Ace Digital ended the quarter debt-free, a significant milestone for the company.
The company's Bitcoin Treasury NAV increased by 373% during Q3, without buying any additional Bitcoin. This growth was driven by the company's dynamic capital allocation strategy, which aims to maximize value per share. The estimated economic Bitcoin exposure from the Treasury Strategy is approximately 57 BTC.
Ace Fund, a Bitcoin-focused asset-management platform, continued to outperform Bitcoin since its inception in November 2025. The fund has returned +23.1% in USD, while Bitcoin has declined -23.7% over the same period. Ace Fund has not used leverage or held short positions, and its track record provides a foundation for further development.