Main ones that concerns the valuation are sand, revv and their company maker tower Defense, now with NFT “tower” The rest I don’t think they have a significant stake. More so they invested as a strategic partner to help them expand into other stuff. Having said that, most of these investments have at least doubled since.
Last unaudited revenue of approximately 60-70m, the market is currently giving companies like this easily north of 10x multiple. I think we have a winner
It is actually a very difficult company to keep track off and value properly given the fluctuations of crypto and NFT right now. I would imagine that being one of the reasons auditors find it hard to sign off on.
