KR1 Plc

KR1 · Main Market · Financial Services · mcap £44m · 20.2p 1 open situation →

EV: £35.4m
EV / EBIT: –
Net cash: £442k
FCF yield: -13.8%
Revenue: £2.5m
Share price 1y: −28%
Insiders 12m: no deals
Next report: around 27 Apr

Beta Briefing, track record and signals & risks are not ready for KR1 Plc yet.

We follow 960 UK small caps and every one of their announcements – often hundreds per company. 101 companies are already wired into a briefing: browse them.

Timeline · every situation

dots = announcements

2026 Bitway BTW holding

Open · 1

Overhang◷ in 155 days

Bitway BTW holding

Locked up; carried at 80% discount

KR1 holds 100,000,000 BTW from a US$300,000 seed investment announced on 16 April 2026. BTW trades above US$1.00, implying over US$100m, but KR1 applies an 80% discount, with the holding locked up until about March 2027. At 31 August 2026 it was carried at £5.99m, 14.4% of net assets, up from £4.0m at 30 June 2026.

Holding: 100,000,000 BTW from US$300,000 seed investment 30 Sep 2026 ↗
Implied value: Over US$100 million at BTW price above US$1.00 30 Sep 2026 ↗
Fair value adjustment: 80% discount applied from July 2026 until further notice 30 Sep 2026 ↗
Carrying value: £4.0 million at 30 June 2026 30 Sep 2026 ↗
Lock-up: 12 months, expected to March 2027, then linear unlock over 24 months 30 Sep 2026 ↗
Fair value: £5,990,000, 14.4% of net assets (31 August 2026) 30 Sep 2026 ↗

Next: lock-up ends, then linear unlock over 24 months · 31 Mar 2027

30 Sep 2026 Locked up; carried at 80% discount
30 Sep 2026 Locked up; fair value discounted 80%

Open the full view – chart and every step →

Company filings. Not investment advice.