Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
KR1 plc
(“KR1” or the “Company”)
Result of Extraordinary General Meeting
KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce that the resolution authorising KR1 to make market purchases of up to 14.99 per cent. of the Company’s issued ordinary share capital (as set out in the announcement of the Company dated 11 April 2024) was duly passed on a poll at the Extraordinary General Meeting of the Company held today.
28/03/2024 7:00am
UK Regulatory
KR1 (AQSE:KR1)
Intraday Stock Chart
Thursday 28 March 2024
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KR1 Plc - Unaudited Net Asset Value Update (February 2024)
PR Newswire
LONDON, United Kingdom, March 28
Thursday, 28 March 2024
KR1 plc
(“KR1” or the “Company”)
Unaudited Net Asset Value Update
KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 29 February 2024.
Net Asset Value
£238,739,186
Shares in issue
177,369,520
NAV per share
134.60p
GBP/USD rate (as at 29 February 2024)
1.2627
Income from digital assets (*)
£1,628,777(*)
Top 10 assets/holdings:
Asset
GBP equivalent
% of portfolio
Celestia ("TIA")
£98,701,667
41.34%
Lido ("LDO")
£31,979,392
13.40%
Polkadot ("DOT")
£29,914,068
12.53%
Cosmos ("ATOM")
£15,213,273
6.37%
Lido Staked ETH ("stETH")
£14,099,250
5.91%
Astar ("ASTR")
£8,476,184
3.55%
Nexus Mutual ("NXM") (**)
£6,126,142
2.57%
Moonbeam ("GLMR")
£5,639,184
2.36%
Zee Prime II
£5,176,343
2.17%
Rocket Pool ("RPL")
£4,947,997
2.07%
(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards and parachain rewards for the relevant monthly period and excludes any other forms of income.
(**) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM ("wNXM").
The Directors of KR1 plc accept responsibility for this announcement.
--ENDS--
For further information please contact:
KR1 plc
George McDonaugh
Keld van Schreven
+44 (0)1624 630 630
Peterhouse Capital Limited (Aquis Corporate Adviser)
Mark Anwyl
+44 (0)20 7469 0930
SEC Newgate (Financial Communications)
Bob Huxford
Ian Silvera
Atif Nawaz
+44(0)20 3757 6882
pr@kr1.io
The winners of CMC Crypto Awards 2024 were announced and the awards minted as NFTs on the Ethereum blockchain, an immutable record of crypto success.
Crypto of the Year: Solana
Bridge Builder of the Year: BlackRock
Meme Coin of the Year: Bonk
Social Influencer to Watch: ZachXBT
Most Innovative L1/L2/Cross-Chain Project: Celestia
Most Innovative NFT & Gaming Project: Pudgy Penguins
Most Innovative DeFi Project: Uniswap
Crypto Leader Of The Year: Vitalik Buterin, Ryan Selkis, Brian Armstrong, CZ, Julia Leung
https://coinmarketcap.com/community/articles/65e883a2b077505e613aff37/
KR1 plc (KR1:ASE), a leading digital asset investment company, is pleased to announce its unaudited net asset value ("NAV") as at 31 January 2024.
Net Asset Value £218,119,989
Shares in issue 177,369,520
NAV per share 122.97p
GBP/USD rate (as at 31 January 2024) 1.2679
Income from digital assets (*) £1,800,310(*)
Top 10 assets/holdings
Asset GBP equivalent % of portfolio
Celestia ("TIA") £95,774,998 43.91%
Lido ("LDO") £26,772,635 12.27%
Polkadot ("DOT") £23,688,678 10.86%
Cosmos ("ATOM") £12,180,566 5.58%
Lido Staked ETH ("stETH") £9,552,566 4.38%
Astar ("ASTR") £9,493,896 4.35%
Zee Prime II £5,154,841 2.36%
Rocket Pool ("RPL") £4,526,603 2.08%
Moonbeam ("GLMR") £4,299,527 1.97%
Nexus Mutual ("NXM") (**) £4,158,250 1.91%
(*) For the purposes of KR1’s monthly unaudited NAV update, 'Income from digital assets' is defined as the aggregate income from staking rewards and parachain rewards for the relevant monthly period and excludes any other forms of income.
(**) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM ("wNXM").
Agree, wouldn't touch ARB now, worked well for me back in 2020 though, not even sure if I would go near the miners these days, at least KR1 has a decent business plan with higher chance of longer term success.
Just not sure if it would make sense to let the price drop below 38k as it could cause a drop in confidence for anyone thinking of investing in the ETF and devaluing the very product they are going to be promoting, unless they have other plans i.e. waiting for someone bigger to buy in at the right price?...
Agreed, I just don't really see any bad news, its all a bit orchestrated.
From a logical business perspective it makes sense for Blackrock, Fidelity etc to buy Bitcoin for a low a price as possible, the whole FTX sale off GS seems very well timed and the higher fee narrative of GS just isn't convincing.
I just sit back and watch the media narrative with my skeptical face on, it's all quite entertaining!
Interesting, your 'extra reading' says:
Any big public company combining the roles of chairman and CEO will have to persuade shareholders that the right checks and balances are in place. (See the case study on Marks & Spencer below).
Can you define 'big public company' and do you believe Argo Blockchain is a big company?
Peter Wall on CNBC today.
https://www.youtube.com/watch?v=WhmhxZ6oTv4
Interesting note in todays RNS regarding Danielle Bekker
"She has a core set of skills that the Board believes will be invaluable to the Company as it commercialises its first product, AxisBiotix-Ps™, and subsequent products e.g. acne."
Is the mention of acne in an official RNS a clue to what the company focus is next?