Cryptology's estimated NAV as of 14/04/2021 is €243.54
NAV hits another new all-time high, up significantly on positive sentiment surrounding Northern Data and Bitcoin.
Malta, 15.04.2021. 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 €243.54. The stock closed yesterday at €190.00, roughly 21.9% below NAV.
NAV is up largely due to positive sentiment surrounding portfolio company Northern Data, which recently closed a €550 million sale of one of its facilities to expand by opening multiple new facilities across North America.
Patrick Lowry, CEO of Cryptology, said 'Cryptology's portfolio companies continue to grow and execute their strategies. It is wonderful to see such amazing entrepreneurs have their visions realized. I look forward to announcing more exciting news in the coming weeks for more of our companies.'
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.
Cryptology Asset Group p.l.c.
Jefim Gewiet (COO)
66/67, Beatrice, Amery Street, Sliema SLM 1707 Malta
Tel.: +356 799 85 85 1
Cryptology Asset Group plc published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 09:20:09 UTC.