Business
Financial Update (February '25)
Financial Update (February '25).
About this update from Kr1 Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\nMonday, 31 March 2025 KR1 plc (“KR1” or the “Company”) Financial Update (February ‘25) KR1 plc (KR1:AQSE) is pleased to provide an unaudited update on its income from digital assets and its largest holdings as at 28 February 2025. Income from Digital Assets Aggregate income from staking activities: £462,276 The income was derived from the Company’s staking activities on a range of proof-of-stake networks for the relevant monthly period, as detailed in the table below. Asset Income Polkadot (\"DOT\") £196,424 Celestia (“TIA”) £133,885 Cosmos (\"ATOM\") £94,928 Lido Staked ETH (\"stETH\") £29,336 Moonbeam (\"GLMR\") £7,703 Staking rewards are received in the form of native tokens in the respective decentralised network and income is measured at fair value on the date of receipt. Largest Portfolio Holdings Asset Fair Value % of Portfolio Celestia (\"TIA\") £24,402,298 23.69% Polkadot (\"DOT\") £19,821,855 19.24% Lido (\"LDO\") £11,875,423 11.53% Lido Staked ETH (\"stETH\") £9,748,849 9.46% Cosmos (\"ATOM\") £7,504,501 7.28% Zee Prime II £ 6,183,863 6.00% Nexus Mutual (\"NXM\") (*) £ 4,201,389 4.08% Interop Ventures £ 2,835,579 2.75% Astar (\"ASTR\") £ 2,058,433 2.00% Moonbeam (\"GLMR\") £ 1,508,370 1.46% Net Asset Value Update The Company is also pleased to announce its unaudited net asset value as at 31 January 2025. Net Asset Value: £103,024,002 Net Asset Value per Share: 58.20p GBP/USD Rate: 1.2573 DisclaimerPlease note that this update is based on available information at the time of announcement, all figures provided herein are unaudited and are solely intended to offer shareholders a timely update of the company's financial position. (*) For the purposes of asset valuation, the fair value of NXM is established according to the price of Wrapped NXM (\"wNXM\"). ContactFor further information, please contact: KR1 plcGeorge McDonaughKeld van SchrevenPhone: +44 (0)1624 630 630Email: [email protected] Peterhouse Capital Limited (Aquis Corporate Adviser)Mark AnwylPhone: +44 (0)20 7469 0930Email...