Bitcoin Suisse to Cut Up to 60 Swiss Jobs in Bitcoin (BTC) Services Overhaul

Up to 60 Swiss Roles in the Balance

Bitcoin Suisse, one of the longest-standing names in Bitcoin financial services, confirmed on Sep. 11, 2026 that it plans to cut up to 60 of its 120 positions in Switzerland and close its Copenhagen IT development office as part of an international reorganization. If the maximum reductions proceed, the Zug-based company's domestic workforce would be roughly halved, leaving about 60 employees in the country where it has operated since 2013. The group employs about 200 people worldwide. Under the new structure, software engineering and back-office functions will increasingly sit in its international hubs: Bratislava remains in the network, Denmark exits the operating map entirely with the Copenhagen closure, and a further hub is planned in Vietnam, though the company has not disclosed the location, opening date, staffing level or investment attached to that operation. Zug stays on as headquarters and the center of the wealth management franchise, and existing offices in Liechtenstein, Abu Dhabi and Bermuda are not affected by the announcement. A company spokesperson said the final structure remains subject to consultation and that an exact figure for the Zug headquarters could not yet be provided. A formal consultation with employees runs until Sep. 20, and Swiss rules let affected staff submit proposals that could prevent dismissals, reduce their number or limit their effects before any final decision. The reorganization was first disclosed by Swiss financial publication Finews, and Reuters subsequently reported the company's confirmation. Founded in 2013 around services for the original proof-of-work asset, Bitcoin Suisse provides cryptocurrency trading, custody, staking and lending to private and institutional clients; figures on its website show 3 billion Swiss francs in crypto assets under custody and 95 million Swiss francs in equity as of January 2026. The company frames the move as a way to reach a broader talent pool and direct investment toward future products rather than a straightforward cost-cutting exercise, and it has not flagged any change to client custody arrangements.

MiCAR License Anchors the EU Push

The home-market retrenchment does not amount to a retreat from Europe; it re-platforms the group around regulated distribution. On June 23, 2026, the company's European subsidiary, Bitcoin Suisse (Europe) AG, received a Crypto-Asset Service Provider (CASP) license under the EU's Markets in Crypto-Assets Regulation (MiCAR) from the Liechtenstein Financial Market Authority, a permit that opens parts of the European Economic Area to the firm's products. That license is the strategic counterweight to the Swiss cuts: client-facing wealth management stays centered in Zug, while engineering and administrative work migrates to hubs where the company says it can scale faster, with Bratislava continuing as an international node. The group has described the model as a route to a broader pool of skilled workers and more efficient use of investment earmarked for future operations, rather than a classic downsizing, with technical and support functions gathered in several centers to speed up scaling. Liechtenstein's position inside the EEA gives financial firms access to parts of the European market when the required regulatory conditions are met, and the group's Abu Dhabi unit serves individual and corporate clients with trading, custody, staking and lending products on Swiss group infrastructure, while Bermuda contributes a developed licensing system for digital asset businesses. The competitive backdrop sharpens the logic of the overhaul. UniCredit is weighing a digital asset expansion covering custody, brokerage, tokenized investments and stablecoin services, although the Italian bank's selection of a technology provider remains at an early stage and no final decision has been made. UniCredit has already given professional clients in Italy access to a five-year investment certificate tied to BlackRock's iShares Bitcoin Trust ETF, issued a tokenized minibond on a public blockchain, and joined Qivalis, a European banking group preparing a euro-denominated stablecoin. For a company whose brand predates Bitcoin maximalism as a market slogan, competition from bank-led regulated products raises the efficiency bar for platforms well beyond the venues ranked in our guide to the best crypto exchanges. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

Cost Discipline Meets Regulation

COINOTAG's reading: the split — regulated, client-facing wealth management held in Zug, commodity engineering pushed to Bratislava and Vietnam — formalizes a cost discipline now spreading across Bitcoin's institutional infrastructure. The company's own published custody figure of 3 billion Swiss francs shows the franchise remains substantial, and the Sep. 20 consultation is the single event that will fix the final headcount. Whether client services thin out — and how quickly the Vietnamese hub materializes — will determine whether this restructuring reads as efficiency or slow withdrawal, at a time when comparable belt-tightening such as Metaplanet trimming its executive reward pool by 41% points to an industry-wide cost reset.