RE: How about this for a strategy?20 Jan 2021 11:29
KR1 is definitely wearing the trousers when it comes to NAV backing, but miners are where the mega money is flowing at the moment both in the UK and in North America and that will only accelerate as cryptos move higher. ARB is undervalued relative to its US peers and UK-only investors have no other miner to invest in. KR1 is better value, but many are unaware of it, cannot purchase due to listing and liquidity is fairly poor. Also crypto mining is easy to understand, but most people will shrug if you tell them about proof of stake and how KR1 makes its money. In short ARB has much greater liquidity and mining is in the limelight, so I expect the shares to race ahead as BTC moves towards $100K. KR1 should also move significantly higher, indeed more so as alt season gets underway. If any of the barriers to entry are removed then I would expect to see a monumental rise in KR1, but none of that is guaranteed. Consequently, despite the valuation difference I've opted for greater exposure to ARB than KR1 primarily due to the liqudity, but will continue to add to KR1 with momentum and doubly so if we get a more liquid listing.