NFT Investments PLC Q3 Crypto Holdings Trading Update (0894O)
29 Settembre 2023 - 8:00AM
UK Regulatory
TIDMNFT
RNS Number : 0894O
NFT Investments PLC
29 September 2023
Press Release
29 September 2023
This announcement contains information which, prior to its
disclosure, was inside information as stipulated under Regulation
11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310
(as amended). Upon the publication of this announcement via a
Regulatory Information Service, this inside information is now
considered to be in the public domain.
NFT Investments PLC
("NFT Investments" or "the Company")
Q3 Crypto Holdings Trading Update
NFT Investments (AQSE: NFT), an investment firm, announced on 20
March 2023 its intention to publish Quarterly Trading Updates in
advance of the liquidation of its Crypto holdings and to return
value to its shareholders by way of a tender offer for its shares
following the next BTC halving (expected in April 2024).
Crypto Holdings September 2023 Quarter Update
The Company has unaudited Crypto and Stablecoin assets with a
valuation of GBP26.3 million (2.61p per share) as at 28 September
2023. The major components of this are as follows:
Token Quantity Valuation (GBPm)
Bitcoin BTC 626 13.7
Ethereum ETH 6,794 9.1
----------- -------- -----
Solana SOL 86,396 1.4
----------- -------- -----
Optimism OP 732,899 0.8
----------- -------- -----
Lido Dao LDO 396,144 0.5
----------- -------- -----
Cosmos ATOM 57,902 0.3
----------- -------- -----
Near Protocol NEAR 225,362 0.2
----------- -------- -----
Iron Fish IRON 60,938 -
----------- -------- -----
Stablecoins USDT/USDC 203,220 0.2
----------- -------- -----
Total Company NAV September 2023 Quarter Update
The Company has unaudited Crypto, Stablecoin, Cash and Equity
Investments with a valuation of GBP30.6m (3.04p per share) as at 28
September 2023. The components are as follows:
Crypto and Stablecoins GBP26.3m
Cash GBP0.4m
---------
Equity Investments GBP3.9m
---------
The Company's current share price of 1.525p represents a 42%
discount to its current unaudited Crypto & Stablecoin valuation
and a 50% discount to its current unaudited Total NAV
The Directors of NFT Investments PLC take responsibility for
this announcement.
For further information please contact:
NFT Investments
Jonathan Bixby
Executive Chairman +44 7876 888 011
-----------------
First Sentinel
-----------------
Corporate Adviser
Brian Stockbridge +44 7876 888 011
-----------------
Tennyson Securities
-----------------
Corporate Broker
Peter Krens +44 207 186 9030
-----------------
About NFT Investments:
NFT Investments PLC invests in a diversified portfolio of
cryptocurrency, and/or in companies or funds which have exposure to
NFT or blockchain technology. The Company's leadership team have an
extensive track record in the cryptocurrency sector and previously
founded Argo Blockchain PLC, a global crypto miner. NFT Investments
is headquartered in London, UK and its shares are listed on the
Aquis Stock Exchange Growth Market under the ticker
symbol NFT. https://www.nftinvest.pro/
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END
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