Bitcoin Forum

So I think I think my brother has found a little undervalued gem and wanted to run it by people to see what others think.

KR 1 PLC is a staking company registered in 2016 that own and stake various different crypto assets. They have a history of picking quality projects in their infancy that have multiplied in value many times over. They have a large stake in DOT, currently owning 0.35% of all DOT in existence.

The crypto assets that they hold and stake are around 66% of the company market cap and they have been staying under the radar and steadily rising in value without pumping too hard already. They've recently gone above the minimum share price required for a NASDAQ listing which would give them a lot more exposure so hopefully that will be happening soon as well. I've picked up a lot of this stock through an ISA to save paying any UK taxes on potential gains.

This is not investment advice and I'm not a particularly experienced investor, this just looks like a really good stock to me. Here's a few links that I've found helpful.

https://www.kryptonite1.co/
https://stocktwits.com/symbol/KROEF
https://www.reddit.com/r/pennystocks/comments/lmnxez/kroef_defis_first_etf_multibagger_stock/?utm_medium=android_app&utm_source=share
https://wexboy.wordpress.com/2020/11/21/kr1-plc-the-crypto-alpha-bet/

Thanks for the info, this looks like a great long term hold. Do you mind me asking where you can buy this? I've got an ISA with Freetrade and Trading 212 and it isn't available on there :( Also checked Hargreaves Lansdown and doesn't show up there either!

Update - sorry I was searching for the wrong ticker. Shows up at KR1 on Hargreaves Lansdown. Can't wait to load up on this baby tomorrow! Thanks again for the tip

No worries, I'm using Hargreaves Lansdown as well. I think it's going to get a big jump tomorrow morning due to DOT's rise over the weekend. It might well pull back a little after the rise so try not to get caught at the top. Either way as a long term hold I'm very optimistic as long as DOT and BTC stay strong. If you use Telegram, there's a good Telegram account with lots of info as well.

It's probably worth checking out Argo Blockchain if you haven't already as well. They're a mining company rather than a staking company and they've recently pumped massively so is more risky but still worth keeping an eye on as there's a good chance of an announcement that they will be on Nasdaq soon. There's a lot of crossover between owners of KR 1 and Argo shares.

https://stocktwits.com/symbol/ARBKF