RE: Approximately £90 million in cash, positioning itself as a well-capitalized entity.6 Jan 2026 16:39
Updated Calculation:
Bitcoin Holdings:
620 Bitcoin * £68,780.38 per Bitcoin = £42,599,652.80 (approx. £42.6 million).
Cash Reserves:
£90 million in cash.
Liabilities:
£78 million liability due by 31 December 2025.
Net Asset Value (NAV):
Total Assets: £42.6 million (Bitcoin) + £90 million (cash) = £132.6 million.
Less Liabilities: £132.6 million - £78 million = £54.6 million in net assets.