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Cryptoblox Technologies Inc C.BLOX

Alternate Symbol(s):  CRYBF

CryptoBlox Technologies Inc. is a Canada-based blockchain technology infrastructure company. It is focused on building out its diversified blockchain ecosystem strategy that consists of digital asset mining and infrastructure, mining products and technology, and structured digital asset products and blockchain payments. Its infrastructure is based on the value chain that stems from off-grid/alternate energy powered digital asset mining, along with a diversified portfolio of sustainable mining and blockchain fintech products and services enabled by both the sustainable mining products and technology and structured blockchain products and services divisions. It is focused on providing alternate energy solutions to power digital asset mining operations throughout North America (Redwater, Alberta). Redwater is a modular air-cooled data center facility powered by flared gas and equipped with heat recapture capabilities. It also owns approximately five IceRiver KS3 Kaspa mining units.


CSE:BLOX - Post by User

Comment by dbbclbon Apr 12, 2021 2:00pm
144 Views
Post# 32978434

RE:RE:RE:RE:RE:Finally a Solid Update

RE:RE:RE:RE:RE:Finally a Solid UpdateYou are correct. In my understanding of the process, the equal weighting is approx. .87% of the ETF portfolio based on # of companies currently held. With a drop in price on a share, conceivably they could buy more to average down and still stay within the investment parameters of the portfolio. Given the current share price, the ETF will be reflecting a sizable drop in the weighted percentage and could come into the market to make up the differential assuming they have cash on hand to do so without upsetting the weighted balance.
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