Kasei Holdings Plc - Investment Strategy Update
Announcement provided by
Kasei Digital Assets Plc · KASH24/11/2023 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
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
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