A winning strategy with the skill & agility needed BLOK – A winning strategy with the skill and agility needed to execute it
The key to BLOK.V is their strategy and their agility in executing their plans. BLOK started with a very solid plan to provide their shareholders with a diversified entry into one of the major sectors of the future.
To stand out from the crowd, BLOK came up with a unique (4 pronged) plan to acquire minority interest in a diversified group of Blockchain/crypto assets. Thus, allowing investors the opportunity to maximize their potential return while minimizing the potential downside risk of any one asset not performing as expected. Any one of these assets can double and triple our MC given sufficient time to deliver on their individual milestones. Also, don’t forget that BLOK’s coffers are pretty damn full and they are always hunting for the next asset to add to their portfolio. Worthy of note here, is that BLOK raised $2M at $1 (at a premium to market which was around 70 cents at the time).
If you’ve had the chance to listen to the CEO’s last investor conference call, you know how impressive the management & advisory board is. So it’s not surprising that they have been able to gain access to the best assets in the market. Additionally, BLOK has the resources, know-how, and connections to continue building their one of a kind portfolio.
But a strategy without the skill and agility needed to execute it, is usually a recipe for disaster. In BLOK’s case, it’s my opinion that management has successfully demonstrated their skill and agility many times. A great example being the sale of TG12 for 8.9M shares of KASH.V. As it became evident to the market (with increasing mining cost due to increased hash rates), BLOK realized that mining would ultimately only be successful through achieving economies of scale. Thus, BLOK was able to shift gears and was able to convert 1000 miners into a minority interest in a company that has deployed 8.5K rigs and focuses on crypto mining. This gives shareholders exposure to the cryptocurrency asset class while allowing BLOK to execute its ultimate plan of accumulating a diversified basket of assets that will no doubt include some of the mega companies of the future.
So if you are like me, someone that absolutely loves the sector (blockchain mainly) but doesn’t want to bet on any one specific company or crypto asset, than taking a long term position in BLOK.V is an absolute no brainer at current levels.
I’m personally looking forward to the next few months and expecting many milestones across our multiple assets. Bitcoin actually breaking out would be a welcomed surprised, but to me only a small aspect of the big picture.
Good luck to all,
narmar
@kingnarmar