Investment Strategy Update
24/11/2023 07:00
Kasei Holdings plc (‘Kasei’ or the ‘Company’)
Investment Strategy Update
Kasei Holdings PLC (AQSE: KASH), a digital asset and web 3.0 investment
company, is pleased to announce the following updates with respect to the
Company’s investment strategy.
Core Portfolio:
The core portfolio as of 31/10/23 was as follows:
Underlying Quantity Price $ Valuation $
BTC 27.75 34,425.00 955,292.03
GBTC 6,500.00 26.50 172,250.00
ETH 253.13 1,800.00 455,641.02
QNT 2,500.00 101.50 253,750.00
SOL 773.17 36.25 28,027.41
LINK 5,000.00 11.25 56,250.00
DAG 2,500,000.00 0.0325 81,250.00
AR 2,500.00 5.75 14,375.00
AVAX 1,000.00 11.35 11,350.00
HBAR 250,000.00 0.0515 12,875.00
HNT 2,502.18 1.55 3,878.38
LTX 50,000.00 0.0915 4,575.00
ALGO 13,070.54 0.10 1,307.05
ADS 250,000.00 0.08 20,000.00
Total 2,070,820.89
The main addition has been the inception of a position in the Grayscale
Bitcoin Trust as the discount to NAV reached historic levels. Recent news flow
around potential ETF approvals has led to a significant contraction in the
discount as per the Company’s expectation.
Yield Generating strategies:
Ethereum:
The Company has staked 192 ETH in the ETH 2.0 staking program at a current
yield of 3.29%.
Solana:
The Company has staked 775 SOL at current yield of 5.01%.
Avalanche:
The Company has staked 1000 AVAX at current yield of 7.85%.
Staking rewards are paid in native tokens and as such yields are token based
and subject to change. The company also intends to use its remaining BTC and
ETH in alternative yield generating strategies.
For further information please contact:
Kasei Holdings PLC Jai Patel Chief Investment Officer Jai.patel@kaseiholdings.com
VSA Capital Limited (AQSE Corporate Adviser) Simon Barton / Thomas Jackson (Corporate Finance) +44 (0)203 005 5000
About Kasei Holdings
Kasei is a team of experienced financial experts who came together through a
shared interest in the digital asset ecosystem and the belief that blockchain
technology will transform industries and have significant global economic
impact.
Kasei’s cumulative 100 years plus experience in navigating traditional
financial markets, in particular highly volatile asset classes, provides the
Company with a solid grounding to build a balanced portfolio positioned to
take advantage of the disruptive innovation in this space.
Despite Kasei’s belief that these assets are positioned for highly
significant long-term gains, the Company employ a balanced risk-and-reward
strategy. This provides shareholders with an actively managed portfolio of
crypto assets, as well as exposure to investments in blockchain enabled
companies and technology, all in the form of one listed security.
LinkedIn: Kasei Holdings PLC: Overview | LinkedIn
(https://www.linkedin.com/company/kasei-holdings-plc/?originalSubdomain=uk)
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