Kasei Holdings Plc Investment Strategy Update
24 November 2023 - 6:01PM
UK Regulatory
TIDMKASH
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@kaseiholdings.com
Jai Patel
Chief Investment Officer
VSA Capital Limited (AQSE Corporate Adviser) +44 (0)203 005 5000
Simon Barton / Thomas Jackson (Corporate Finance)
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)
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/kasei-holdings-plc/r/investment-strategy-update,c3881895
END
(END) Dow Jones Newswires
November 24, 2023 02:01 ET (07:01 GMT)
Kasei (AQSE:KASH)
Historical Stock Chart
From Nov 2024 to Dec 2024
Kasei (AQSE:KASH)
Historical Stock Chart
From Dec 2023 to Dec 2024