Report of the Finance and Expenditure Committee - Aug 2023

The crypto market experienced a period of consolidation and renewed growth in the final quarter of 2024. Bitcoin continued its ascent , surpassing the key psychological level of USD $100K. Even though the news headlines focused on Bitcoin, our best performing assets over the quarter were Ripple, Stellar and Cardano. We consider, a well constructed diversied portfolio reduces the risk that comes with investing in a single cryptocurrency. Crossgate Capital’s Share price hit an all time high of $6.20 on the 18th December 2024 and was $6.01 as at the 8th January 2025.