DGAP-News: Cryptology"s estimated NAV hits new all-time high of €225.28.

2021. április 01., csütörtök, 18:42







DGAP-News: Cryptology Asset Group PLC


/ Key word(s): Statement






Cryptology"s estimated NAV hits new all-time high of €225.28.








01.04.2021 / 18:42




The issuer is solely responsible for the content of this announcement.




Corporate News



Cryptology Asset Group p.l.c. ("Cryptology")
Malta, 01.04.2021



Cryptology"s estimated NAV hits new all-time high of €225.28.



Cryptology closes the most successful quarter in its history by obtaining a new CEO, making 3 new investments, and closing at a new all-time high NAV.



 



Malta, 01.04.2021. Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP, formerly 4UD), a leading European investment company for blockchain- and crypto-related business models, announced its most recent estimated Net Asset Value ("NAV") per share of €225.28. The stock closed yesterday at €171.00, roughly 24.1% below NAV.



The uptick in NAV from the week prior is largely due to a relative spike in Northern Data shares and a recent $30 million purchase of Block.one shares.



As Block.one is a privately held company, one of the only means for public markets investors to gain exposure to it, and its immense balance sheet of Bitcoin, is indirectly through holding the publicly traded shares of Cryptology.



Patrick Lowry, CEO of Cryptology, said "It has been an exciting start to the year for Cryptology. The first quarter saw us deploy to three exciting investments and lay the foundation for our 2021 strategy. I look forward to what the second quarter and the remainder of the year has in store for Cryptology, its portfolio companies and its shareholders."



Cryptology shares currently trade on several German exchanges including Börse Düsseldorf, Gettex and Tradegate. In order to increase trading liquidity and open up to new shareholder groups, Cryptology is currently exploring an international listing. The ticker symbol for Cryptology was recently changes from 4UD to CAP.



About Cryptology Asset Group p.l.c.



Cryptology is a leading European crypto asset and blockchain-related business model investment company. Founded by Christian Angermayer"s family office, Apeiron Investment Group and crypto-legend Mike Novogratz, Cryptology is the largest publicly traded holding company for blockchain- and crypto-based business models in Europe. Noteworthy portfolio companies include crypto-giant and EOSIO software publisher Block.one, leading HPC provider Northern Data, commission-free online neobroker nextmarkets, and crypto asset management group Iconic Holding.



Media Contact:



Cryptology Asset Group p.l.c.



Jefim Gewiet (COO)



E-mail: info@cryptology-ag.com
















01.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: Cryptology Asset Group PLC

Beatrice 66 & 67, Amery Street

SLM 1707 Sliema

Malta
E-mail: info@cryptology-ag.com
Internet: cryptology-ag.com
ISIN: MT0001770107
WKN: A2JDEW
Listed: Regulated Unofficial Market in Dusseldorf
EQS News ID: 1180708





 
End of News DGAP News Service





1180708  01.04.2021 



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