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Q1 Crypto Holdings Trading Update

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RNS Number : 0514V  NFT Investments PLC  03 April 2023

Press Release

 

3 April 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")

 

Q1 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

 

The Company has unaudited Crypto assets with a valuation of £27.8
million (2.77p per share) as at 2 April 2023. The major components of this
are as follows:

 

Token
Quantity                       Valuation (£m)

 Bitcoin        BTC   626      14.3
 Ethereum       ETH   6,794    10.0
 Optimism       OP    732,899  1.4
 Lido Dao       LDO   396,144  0.8
 Cosmos         ATOM  57,902   0.5
 Near Protocol  NEAR  225,362  0.4
 Flow           FLOW  478,554  0.3
 Polkadot       DOT   23,133   0.1

 

The Directors of NFT Investments PLC take responsibility for this
announcement.

 

For further information please contact:

 

 NFT Investments
 Jonathan Bixby       +44 7876 888 011

 Executive Chairman
 First Sentinel
 Corporate Adviser    +44 7876 888 011

 Brian Stockbridge

 Tennyson Securities
 Corporate Broker     +44 207 186 9030

 Peter Krens

 

 

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/ (https://www.nftinvest.pro/)

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