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LONDON - KR1 plc (KR1:AQSE), a digital asset investment company, reported income from digital assets of £2.9 million for the first half of 2025, representing a 66.7% decrease compared to the same period last year when it generated £8.7 million.
The company’s staking activities, which accounted for 98.6% of its income from digital assets, declined by 66% from £8.5 million in the first half of 2024. The main networks contributing to staking income were Polkadot (£1.2 million), Celestia (£0.8 million), and Cosmos (£0.7 million).
As of June 30, KR1’s net assets stood at £71.5 million, representing 40.39 pence per share, a 48.7% decrease from £139.4 million (78.76 pence per share) at the end of 2024.
The company’s largest digital asset holdings were Polkadot (£13.6 million), Lido Staked ETH (£10 million), Celestia (£7.6 million), Cosmos (£6.4 million), and Lido (£6.3 million).
KR1 reported progress toward positioning for a more senior public listing following engagement with the Financial Conduct Authority. The company is also advancing plans to operate dedicated staking infrastructure through validator nodes on major proof-of-stake networks including Ethereum, Polkadot, and Celestia.
"The Company’s ongoing staking income remained resilient amid a relatively stagnant market in the innovation sector of the digital asset economy," KR1 stated in its press release, noting that these market dynamics reflect its strategic shift toward focusing on income through staking activities and more selective early-stage investments.
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