Member Info for Chipofftheblock

£34k trade printed now too

2 seconds before close a tonne of small trades made at 2.8p 🤔 and the spread closed down to 20% it may be wishful thinking but with that interview and the mms finally moving the price perhaps some news may land this week 👍

Why such a large spread? Wish they would close it up to start things moving, must get some alba news soon

One subtle thing many may miss: If QBT truly has proprietary quantum SHA-256 implementations, that IP may eventually become valuable beyond Bitcoin mining itself — potentially in:

cryptographic analysis

cybersecurity testing

quantum benchmarking

post-quantum transition research

So the long-term value might not even end up being mining directly.

That peacefulness was the sound of trolls quietly buying QBT 🤣

The potential rewards from CHP still exist, nothing has changed, when / if the aspire takeover is given the full go ahead at the GM that is a part to the puzzle we need in combination to Albaco to not only have our fingers in an operational bank but also a means to transfer funds globally via Aspire, this combination will be transformational to CHPs value, and lots of news to come, the current drop has just put us back in the bracket 0.003-4 where we was before there was a hyped up article that saw a load of people jumping in, all is good and patients will be rewarded

Quantum Blockchain Technologies plc announced that its subsidiary, Clear Leisure 2017 Limited, has won a Court of Appeal case in Turin, Italy, overturning a previous decision and securing a €38,500 damages award plus statutory interest from December 7, 2020, and approximately €15,000 in legal costs. The company estimates the total recovery, including accrued interest of around €20,000, to be approximately €78,000, which will be pursued through enforcement actions.

Phimx, my point was that the images seen in promotional videos are renders, so when you are expecting to see the lovely looking fan array instead you may see some branding or maybe the fans were on the other side not seen in the image, the reference to MDK in today's news is not by mistake and time will tell if I am right 👍 and should I be right then......... Boom time for all invested 😎

MDK, MDK, MDK...... USA, USA, USA 🤣 it's coming and soon

Yes I do 😎 sat in a generic box, unless you think that they sent out the digital render of the rig instead? 🤣

What a tease mr FG 😎 that is the best phrase he could have used without disclosing who they are directly!

MDK is not a generic term, that is what Block Inc called their prototype 😀 he knows this would gain our attention if used "MDK" biggest hint ever, and to use this alongside other manufacturers rigs is great news if right in my belief that Block Inc are the NDA happy days incoming

JUST IN: Jack Dorsey's Square will begin auto-enabling #bitcoin payments for eligible vendors 👀

According to their updated terms of service, this change "is automatically enabled for all eligible sellers, as determined within our sole discretion, and can be disabled at any time in the Settings menu".

This could activate bitcoin payments for 4 million vendors. 🤯

Google AI summary of how this merger would benefit us

Alba (The Vault): Holds the banking licence, allowing the group to take deposits and lend money legally. Getting a licence is famously hard and expensive.

Aspire (The Experience): Provides the "one-stop-shop" platform for SMEs. It handles current accounts, FX (foreign exchange), and trade finance.

The Benefit: By plugging Aspire’s agile tech into Alba’s regulated banking core, the group can launch products much faster and cheaper than a traditional bank.

2. Capturing the Full "SME Journey"

Most small businesses have to go to one place for a loan (Alba) and another for their daily payments and international transfers (Aspire).

Cross-Selling: A business that gets an SME loan from Alba is a perfect candidate for Aspire’s FX and payment services.

Data Advantage: Because the group sees both the "lending" side and the "spending" side of a business, they can assess risk better than a bank that only sees half the picture. This should lead to fewer bad loans and higher profits.

3. Boosting CHP’s Valuation (The "Sum of Parts")

As a CHP shareholder, you are currently holding a company that is valued as a "speculative investment vehicle." The Aspire + Alba combo changes that narrative:

From "Venture" to "Operator": Once the 100% acquisition of Aspire is complete and Alba’s licence is unconditional, CHP shifts from a "bag of investments" to a Fintech Holding Company.

Multiplier Effect: In the stock market, "Platforms" usually trade at much higher valuations than "Investment Funds." By owning the tech (Aspire) and the banking infrastructure (Alba), CHP can command a much higher "Price-to-Earnings" (P/E) ratio.

4. Operational Savings

Running two separate companies is expensive. By integrating them:

Shared Services: They can share back-office costs, compliance teams, and marketing budgets.

Singapore & Global Expansion: Aspire is already talking to partners in Singapore. Having a UK-licensed bank (Alba) in the same stable adds massive credibility when Aspire looks to expand internationally.

The "Big Picture" for You

The goal for CHP's management (led by Tony Gaughan) is to create a unified SME challenger brand. If they succeed, CHP doesn't just own 5-10% of a bank; it owns the central hub of a modern financial services group.

Next Key Event: Watch for the General Meeting circular. This will outline exactly how the "Investing Policy" change will allow CHP to take full control of Aspire and officially merge these two paths.

Would you like me to look into the management team's background to see who is actually steering this integration?

AI responses may include mistakes. For financial advice, consult a professional. Learn more

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10 sites

Here are top web results for exploring this topic:

Investegate

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https://www.investegate.co.uk

Investment in AlbaCo Limited | Company Announcement - Investegate

The Investment is an important first step for Cal

Once the 100% acquisition of Aspire is complete and Alba’s licence is unconditional, CHP shifts from a "bag of investments" to a Fintech Holding Company.we look forward to the next GM where I presume we will vote for 100% acquisition of Aspire

Seems there was quite the rush to buy in yesterday ahead of the licence approval, which should happen any day soon... Now that the £25m is secured this should give investors great confidence that the licence will go ahead and holding CHP shares is a brilliant way into holding a share of an operating bank for next to nothing 🙂

It really does feel like things have finally fallen into place, there has been back stepping and changes over the years along with simulated tests and no real evidence. Now we are in a position of real world testing and NDA in place, a clear direction to the end goal is what we all wanted to see and now awaiting an agreed deal with a third party which will mean revenue and positive gains with the SP, obviously so long as they prove themselves in these tests, we can only sit back and trust that FG has this in hand and is on a solid path towards an amazing result

🤔 £2 per share is too much money for me so I would be long gone by 50p or perhaps 30p...... So I agree it would be silly to discuss £2 potential as I would not be here to see it when it happens 😜

High on potential 😁 drs orders were to purchase as many shares as possible, you know where the Buy button is KOOL get tapping and enjoy the ride, £1 incoming

I said 10p + 😀 on a deal agreed with a major player, that (+) could be anywhere between 10p and £2 😎 we haven't been waiting years for no reason, we are here because we can see the true potential

So this would be what we want to see over the coming months:

QBT tests on partner ASIC hardware

They prove:

Efficiency gains

The manufacturer:

Evaluates commercial value

Outcome:

Licensing deal

Integration into control firmware

If we secured a licencing deal with a major player then I predict 10p + very quickly, serious money!

Dave, I asked GPT this question and the outcome was in part “We’re testing on someone else’s mining hardware, and whatever we discover is too sensitive to share publicly, but it can still be used in private commercial deals.”

So it sounds like because they have an NDA with a company, I have a good idea who that is from everything we have been told, that the rig and results are partly owned by the NDA also, so these results would be used in confidence between them and QBT to try secure the deal, my take on that would be that they are a major player who we hold vast confidence in them being able to go ahead with a deal to manufacture QBTs magic box of efficiency rather than QBT doing it themselves, then this third party would be able to manufacture and distribute accordingly to whom ever they wish and we get a big chunk of ££