Dear Friends & Shareholders of Cryptology Asset Group!
Trust you are having a great summer. You are receiving this email, as you have signed up for our regular newsletter.
As you know, Cryptology shares started trading in early May on the German stock exchange under the symbol 4UD:GR / ISIN: MT0001770107. You can find more information about our financials and our portfolio here: https://cryptology-ag.com/investor-relations/
Having started Cryptology in March 2018 – “bad timing” for a crypto project – we are very proud that Cryptology has performed extremely well even through the recent crypto winter. And our journey is just beginning: our portfolio is doing great and should be perfectly positioned for the next crypto boom.
With rising Bitcoin prices and an increasingly positive sentiment for crypto themes, we intend to ramp up investor relations activities after the summer. We have already started publishing a monthly NAV to increase transparency: https://cryptology-ag.com/cryptology-monatliches-nav-update-31-juli-2020/
Please note that we have opted for a very conservative calculation method, putting nonlisted investments like Block.One at their entry valuation. Hence, there is significant upside potential beyond this NAV number, which itself is already much higher than the current share price.
I think it is worth mentioning, that to our knowledge Cryptology is the only listed stock which gives investors exposure to Block.One, one of the best performing crypto companies in the world. Block.One just launched the beta version of its new social media platform VOICE in over 20 countries and we look forward to seeing continued good news throughout the rest of the year. Furthermore, Block.One is one of the largest owners of bitcoin globally.
Since we view Cryptology’s current share price levels as very attractive, we have started a share buyback program, and are continuously buying back shares.
With are grateful for your trust and support. Please let us know if you have any questions.
All the best,
Jefim Gewiet (CEO)