Member Info for Dadsbatty

Seems like an as you were rns with 165 for September as most expected, no surprises good or bad but I’m sure it will drop as usual after all update, seems to be the norm. Trying to stay positive but this share makes that difficult at the moment.

Tiger….. My technical prediction is that you will come out with something ridiculous that will be completely wrong.

I think at unfair to say PW doesn’t care about investors, he does, unfortunately it’s only the NEXT set of investors he cares about, certainly not existing ones.

$18.40 was never set in stone but I think you must know that.

22 September 2021

KR1 plc

("KR1" or the "Company")

Investment: Basilisk

KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce the Company's participation in the Basilisk crowdloan and Kusama
("KSM") parachain auction. KR1 contributed a total of 11,111.1 KSM to the
Basilisk crowdloan campaign.

Basilisk is a liquidity bootstrapping protocol built for Kusama, enabling
frictionless liquidity for the long tail of crypto assets through a modular
design. Basilisk's first release offers an implementation of a liquidity
bootstrapping pool as well as pools with order matching transactions. Future
releases will bring more advanced price discovery mechanisms to Basilisk, such
as auctions and bonding curves.

The contributed KSM will be time-locked on the Kusama blockchain for 48 weeks
and will be returned to the Company following the completion of the respective
Basilisk parachain lease. Following the successful Basilisk parachain auction
bid, KR1 is going to receive a to-be-determined amount of Basilisk ("BSX")
tokens in return for supporting the Basilisk crowdloan campaign. In addition,
the Company will also receive a yet-to-be-determined amount of BSX tokens in
line with KR1's previous backing of HydraDX's seed funding round, which will be
confirmed in a future announcement.

This method of token distribution involves no direct investment of capital.
Instead, it is an indirect investment with the opportunity costs being the
inaccessibility of the locked KSM funds as well as foregoing any staking yields
on the contributed KSM for the time period.

Keld van Schreven, Managing Director and Co-Founder of KR1, commented:

"Basilisk is an exciting community focused project run by an exceptional team
of crypto thinkers. As a permanent deployment on Kusama, Basilisk has strong
synergies with Polkadot-facing HydraDX, which, together, will cater to the
varying liquidity needs of crypto assets throughout their life cycles. Projects
can bootstrap liquidity in the early stages using a Basilisk pool, then later
move to the HydraDX omnipool to unlock unprecedented cross-chain liquidity in
an 'ocean of assets'."

I know some people balk at the idea but I think a share consolidation would make sense this side of the pond once Nasdaq is up and running ?

Seasick… it says a 5 year plan has been completed and this is just summary highlights, I’m sure there will be more meat on the bone soon.

Excellent

I would have definitely settled for that amount of shares for the ipo and the market seems to like it early doors

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB), is pleased to announce that it has entered into a £18.05 million* (US $25 million) loan agreement with a maturity date of 29 October 2021 with Galaxy Digital LP, using a portion of the Company's Bitcoin holding as collateral.

The Company's outstanding loan with Galaxy Digital of £14 million** ($20 million) will be rolled into the new loan agreement, resulting in a total outstanding principal amount of £32.05 million ($45 million). The proceeds of the loan will be used, in conjunction with funds raised by the Company previously, to continue the build out of the Company's West Texas data centre and to meet the Company's operating cash flow requirements. The loan will enable Argo to retain its current Bitcoin holding, whilst further expanding its mining operations. Argo is delighted to continue working with Galaxy as its financing partner.

Just got to buckle up again and ride the waves.

Yep, all crypto in free fall at the moment ,as usual us plankton will be the last to know why.

In the video he dies say they sold to balance the portfolio so I assume they are investing elsewhere rather than just spending on Texas etc ?

Ok just me then :-)

Will I be only one who is surprised we mined less than last month?

August Operational Update

Change of Registered Office Address


Operational Update

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB), is pleased to provide the following operational update for August.

During the month of August, Argo mined 206 Bitcoin or Bitcoin Equivalent (together, BTC) compared to 225 BTC in July. This brings the total amount of BTC mined year-to-date to 1,314 BTC.

Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in August amounted to £6.83 million (July 2021: £5.60 million). Argo generated this income at an average monthly mining margin of approximately 86% for the month of August (July 2021: 83%). As part of the Company's asset management strategy and due to positive market conditions, Argo sold 61 BTC at an average price of £35,324.94 ($48,800) per BTC, generating cash of £2.14 million.

At the end of August, the Company owned 1659 Bitcoin or BTC equivalent.

Peter Wall, Chief Executive of Argo and interim Chairman said: "I am pleased that we have been able to deliver these results at an improved margin this month and continue to deliver value to our shareholders. We are also delighted to have released our Climate Strategy and remain committed in our efforts to enact positive change within the crypto mining sector."


Change of Registered Office Address

The Company announces that with immediate effect, its registered office address has changed to: 9th Floor, 16 Great Queen Street, London, England, WC2B 5DG.

KR1 plc

("KR1" or the "Company")

Investment: Exponent

KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to
announce that the Company has invested a total of US$500,000 into the Exponent
project in return for a yet-to-be-determined amount of XPN tokens. KR1 led the
seed funding round and was joined by a network of strategic investors including
AngelDAO, Block0, GSR Markets, Golden Gate Ventures, Taureon Capital, Varys
Capital, and several prominent blockchain protocol founders and individuals.

Exponent is an open-source platform that equips strategists with the necessary
tools and infrastructure to bring quantitative trading to decentralised
finance ("DeFi"). Built by an experienced team of engineers and strategists,
the Exponent platform takes care of, both, DeFi integrations and trade
execution, allowing strategists to easily launch active strategies with the
supporting tools and infrastructure. Additionally, end-users can choose from a
selection of vaults with various alpha strategies while retaining custody of
their assets.

The Founders of Exponent commented:

"We're thrilled to on-board KR1 as one of our earliest investors - similar to
how you form a founding team, selecting your early investors is equally as
critical to get right. The individuals in the KR1 team are early adopters of
the Web3 space and understand the challenges entrepreneurs face. Over the
years, they have proven to be a trusted and consistent long term partner for
entrepreneurs. We are excited to be working closely with them to bring
financial empowerment and freedom to everyone, globally."

Keld van Schreven, Managing Director and Co-Founder of KR1, commented:

"Exponent is a much-needed service that takes quant-driven DeFi investing to
the next level. Building on top of Enzyme, another portfolio project of ours,
and led by a stellar team, we believe Exponent will spawn an important
community of strategists and hedge funds that are going to drive significant
value into DeFi. We are tremendously excited to be supporting them on their
journey."

174 at the moment, the more popular crypto becomes the more people will be looking at companies like this and we should start motoring forward.

I think many of us are still here but just don't post anymore due to the infantile arguments that seem to plague this board.
Stil holding happily through the ups and downs.

It’s good to see btc moving again and sentiment will return for arb I’m sure. I wasn’t able to add on the drop but have held through the ups and downs and will continue to do so.