Member Info for Brassneck

With NAV approaching £2 with the staking included this must move up soon. Even DOT is helping at them moment.

Last top up for a while at 12.2p so all buys so far today. It must start to move soon. Any bit of positive commercial news and it should move quickly upwards.

Interesting to see Rolls Royce on the page of clients/partners

What are people’s views on April’s BTC mining?

I’m assuming similar to, or slightly less than March as one fewer day in the month and mining difficulty went up 6% at the start of April. These impacts being offset by the few days of China hash rate drop and the Zcash improved price vs BTC.

So around 165 my guess.

Agree roley, picked up 4488 shares at £1.4144 across 3 trades, too good to miss out on for the long term

Great to see DOT make a move overnight with BTC but LDO now $2.6 up .8, a further $12m overnight on LDO alone. May well drop back but I’d sooner see the share price reflect these moves more closely, both up and down.

Feels like it just lazily tracks BTC rather than any view on the assets. I know it’s volatile so the share price should move up and down a fair bit but that isn’t shown over recent weeks. Alt coins have done ok for the last couple of weeks. In the last couple of days two of KR1’s five biggest holdings have soared, LDO and ICP, but KR1 dropped!

Just hold and watch as the value will come through.

I don't think that is the case, just that LSE have the spread wrong. .17 /.171 are sells but .176/.18 are buys in my view

Always a bit too late, 10.5p paid for my 17,800

I'm assuming anything over 10.5p is a buy as LSE never seem to track the buy/sell price very well.

Hopefully a start on the share price recovery this week. With BTC starting well with luck altcoins will over index on the way up to address the excessive dip. Would be good to see a consistent climb rather than violent swings. It looking good.

Not a great week / 8 days but NAV still at £186m which is above the £168m at the end of March when the share price was £1.93. Staking revenues of c£11/12m too on top of that.

On the brighter side EQ completes its PLO today at 1pm, which is currently 30% oversubscribed on the 250k DOT hard cap, so we should get a proper traded value on those 595k tokens shortly, acquired by KR1 for $250k.

Yes, had to pay 11.99 then 12.2 for my two top ups today. Collecting shares like collecting stamps!

Another announcement out this morning on Indorse, Nifty scanner...

https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=COIN

Hope it is the bottom, just managed to buy £2900 worth at 11.94p!

Only managed £7k at £1.54. I did get a quote at £1.45 but the transaction failed after i hit buy!

I guess IOU increasing the NAV by £16m overnight illustrates the volatility in the assets pretty well!

This level of change on a day to day basis makes it harder for the market to value the business. I do wish KR1 would provide a more detailed and regular view of the staking activity as this is one area that should be more stable and highlight the value of the business and expertise you are investing in.

A monthly update on all staking activity similar to ARB's operational report on BTC mining would be fantastic.

Well I preferred the look of the portfolio yesterday rather than today!

We're pretty aligned on portfolio and staking yields roley though I hope we don't have a 20% discount to NAV in normal trading conditions. Hopefully we'll get progress in the coming weeks on Moonbeam, Plasm and HDX all of which should be very positive for NAV. It's through these areas (plus staking yields) that I hope the market will justify a premium to NAV.

Part of the problem though is that it is all still so early in the life of crypto and these related technologies.

Should be a volatile few days.

ATOM & KSM doing pretty well too. No sense lately in the share price dip. Long term very sound and numerous web 3 and defi developments will land over the next six months. All looking very good if you ignore last week’s share price action.

Soon our DOT holding will be worth more than the market cap!