Q2 Crypto Holdings Trading Update
30/06/2023 07:03
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RNS Number : 4720E NFT Investments PLC 30 June 2023
Press Release
30 June 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")
Q2 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 June 2023 Quarter Update
The Company has unaudited Crypto and Stablecoin assets with a valuation
of £27.4 million (2.72p per share) as at 29 June 2023. The major
components of this are as follows:
Token
Quantity Valuation (£m)
Bitcoin BTC 626 15.1
Ethereum ETH 6,794 10.0
Optimism OP 732,899 0.7
Lido Dao LDO 396,144 0.6
Cosmos ATOM 57,902 0.4
Near Protocol NEAR 225,362 0.2
Stablecoins USDT/USDC 503,220 0.4
Total Company NAV June 2023 Quarter Update
The Company has unaudited Crypto, Stablecoin, Cash and Equity Investments with
a valuation of £33.6m (3.34p per share) as at 29 June 2023. The components
are as follows:
Crypto and Stablecoins £27.4m
Cash £2.4m
Equity Investments £3.8m
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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