I recently discovered DCC (thanks to ChatGPT of all things) and was surprised to learn that not only was there an ASX-listed company in the bitcoin and crypto space, but a very active HC community dating back over a decade.
I have been looking at reports and presentations and trying to better understand the company, but it leads me to genuinely ask - what is the benefits of buying this company rather than simply buying bitcoin (directly or via an ETF) and buying and staking Solana? With this kind of investment company there is always management risk, but what is the upside which accounts for the premium over their asset value? Is it simply the fact that they are generating income from the BTXX management fee and SMS and in a position to capitalize on future bitcoin/crypto adoption, or am I missing other reasons why this is a compelling company?
Thanks in advance
DCC Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)