- FRMO is an investment holding company with interests covering three themes: Cryptocurrency, Securities Exchanges, and Asset Management.
- cryptocurrency investments at first glance look insignificant, but a closer look reveals value. The company has slowly been accumulating cryptocurrency via mining and investments in distressed miners and exchanges.
- FRMO owns a small stake in the management company for Grayscale Bitcoin Trust. This investment is held at cost on its balance sheet even though AUM has increased over 100x.
- The company holds a significant investment in a disruptive options and futures exchange operator that recently made an important strategic investment.
- FRMO also owns a stake in Horizon Kinetics, which operates several investment funds likely to benefit from future inflation.
For further details see:
FRMO: The Best Cryptocurrency Investment You've Never Heard Of