C1 Fund Reports 150% Ripple Return, BitGo IPO, and Authorizes Share Buyback
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C1 Fund Inc. announced its fourth quarter and full year 2025 results, reporting a Net Asset Value (NAV) of $7.81 per share as of December 31, 2025. While the fund recorded a net investment loss and unrealized depreciation for the period, the report highlighted significant operational successes and subsequent events. Notably, portfolio company BitGo (BTGO) completed its initial public offering, and C1 Fund executed a partial divestiture of its Ripple investment, generating an approximate 150% return in less than four months. Furthermore, the Board of Directors authorized a stock buyback program, signaling confidence, especially with the stock trading near its 52-week low and significantly below NAV. Traders will be watching for the execution of the buyback and further liquidity events from other portfolio companies like Kraken and Blockchain.com, which are pursuing potential public listings.
At the time of this announcement, CFND was trading at $3.48 on NYSE in the Crypto Assets sector, with a market capitalization of approximately $23.2M. The 52-week trading range was $3.38 to $9.78. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.