It’s been an interesting day once again for crypto stocks here in the UK, as always, with some monumental moves in both directions. Here, I will provide a quick rundown of today’s movers and shakers.
First up Argo Blockchain #ARB – Most investors won’t be too shocked at todays RNS, the stock has been in quite a mess for sometime now, that wont provide any comfort for those sitting on heavy losses today however. It looks as though it might be curtains for the previous bullruns golden child – maybe this will serve as a warning to SWC investors? or maybe not.. at least Investors in the Smarter Web Company will always have the underlying asset to fall back on. Argo’s failings ultimately come from being in a sector thats notoriously hard to make a profit in – which is quite ironic given that BTC is the best performing asset class know to man – it makes you wonder how the network will continue to be secured, given mining is not the profitable venture it once was? The Stock was down 66.96% upon the last time i checked.
Vinanz Limited #BTC is next up, with David Lenigas’s Bitcoin treasury company also delivering an RNS this morning. BTC have repaid its debt facility, not with company funds, no, but with shares from the directors’ own holdings. Personally, i’m not quite so sure what to make of this, Company Directors do not often just go around giving away their own shares to pay back investments? Something doesn’t ring quite true with this one, however, maybe David Lenigas and Jeremy Edelman were just feeling particularly generous, after all, they have sterling reputations in the small cap arena. Whatever the case, the market seemed relatively unbothered, the stock ended up just 5.71% down.
No news from Cykel AI PLC (#CYK), one of the more recent companies to join the BTC Treasury bandwagon. If AI wasn’t a hot enough sector, why not just jump on crypto as well? Let’s see where this one ends up. I am personally invested in this one, not necessarily by choice; it was a renewable energy company last time I purchased some stock. But hey ho, it might as well ride it out now, i am sure it will move at some point. Down 5.45% today.
Next Coinsilium #COIN no news but seems to have bottomed and had a fantastic move north, gaining 37% on the day, ill be expecting news of another capital raise shortly.
Vaultz Capital PLC #V3TC, next, is another small-cap company that was recently listed as Helium Ventures during the Helium bubble a few years ago, but has now pivoted into a BTC treasury company. Common theme, I know. No news today but still managed a 9.09% gain, certainly not to be sniffed at.
Next KR1 PLc #KR1 – News first thing this morning with its monthly update generating an impressive £458,838 income this month from its cryptocurrency staking activities and with a NAV of £84,057,444 (31/5/25). This is the one treasury company – albeit not in BTC but ALT-Coins that not only trades at a discount to NAV, but actually brings in decent revenue too, i’m sure the BTC Treasury crowd will discover this gem eventually – It is certainly not lost on me and i currently have a sizeable investment in this stock – ended the day level.
Onto the original and arguably the best BTC Treasury stock, The Smarter Web Company #SWC – no news, but that did not stop the stock from flying 25% today. It looks like the bottom may be in, as they say. Possible raise by the week’s end? Mr Webley seems to have a never-ending money tree he can shake in his quest to buy ever more Bitcoin. Up 25% today.
Now, for Tap Global PLC #TAP, as recently as last week, Tap moved to Aim in the hope of bringing extra liquidity to the stock and attracting new institutional investors. One to watch – I’m personally invested in this stock and believe it will make a compelling story as we move deeper into this year’s crypto bull run. Maybe they should just pivot and become a BTC treasury company like the rest? Or maybe they should continue as they are and offer something different, for when the money inevitably cycles out of treasury companies and investors are looking for the next big thing. As far as im aware this is Londons only listed crypto exchange? Happy to be corrected if wrong. Down 11% today.
Valereum PLC #VLRM is somewhat of an outlier, as it attempts to move into the emerging tokenised asset space. I’m not sure the average investor has the first idea what this even means, let alone finds it a compelling investment case. All good things come to those that wait, they say and i’m fairly certain, as this bull-run comes to a close, the world will begin to understand what tokenisation actually means. I think investors may have to wait a little longer for the wider market to cotton on, but when they do, i think this stock will make waves. Patience needed. Ended the day 7.54% down.
TAO Alpha PLC (#TAO)- Another AI stock gone Bitcoin treasury pivot. From my understanding, and I’m happy to be corrected, this company has yet to hold any BTC on its balance sheet. But why let that get in the way of a well-worded RNS. It makes you wonder whether some of these companies are simply jumping on a gravy train in order to raise money to fund their lifestyles for another couple of years? Up 8% today.
Last but certainly not least is Pri0r1ty Intelligence Group PLC #PR1 – two RNS’s today, the one that will have caught most investors’ eyes is the half-year report. This company merges AI and cryptocurrencies. It has reported that it plans to have a BTC treasury; however, its main focus is an AI-powered payment system that allows SME’s to integrate Crypto payments, thus allowing for them to start their own BTC treasuries? will it catch on? Im not sure? But its certainly one to watch. Up 21.53% today.
Disclaimer: This is not investment advice, and you should always do your own research. Cryptocurrency-related investments are highly volatile and can result in substantial losses.
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