Member Info for Cmouk

Does anyone have an up to date NAV? Thanks.

Great to see the company turning a decent profit, looking forward to good months ahead!

Chairman’s Report

At 31 December 2023, the net asset value of KR1 plc (“the Company”) was 109.91 pence per share as compared with 39.47 pence per share a year earlier. The net asset value of the Company at 31 December 2023 was £194,953,759, as compared with £70,006,184 a year earlier.

Moreover, the Company reported a profit for the year of £124,947,575 (2022: loss £145,211,303).

This is interesting...last 24hrs

Polkadot up

Atom up

Tia up

Lido up

Don't think it's my imagination.

With a rising NAV, share buyback approved and some great projects, this looks to be very well positioned going forward, maybe a mostly undiscovered bargain?

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

Click Here for more KR1 Charts.

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").

I do not recall the Share price rocketing on the back of COVID, if anything it did the opposite, the price started rising once COVID was over and everything started getting back to normal.

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!

Looking for a 38k Bitcoin bounce?

Yup, economy doing well = share prices go down, strange world we live in.

Nah! They still let me buy Argo Blockchain ;-)

Just seems a bit odd as I've always been able to buy them through Barclays with no issues up until very recently, something seems to have changed.

I can no longer buy this for my ISA through Barclays, anybody know why this might be?

Probably more to do with money going into money savings accounts with the interest rates rising and less risk.

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