Q: Hi,
Can you please comment on Kraken's most recent acquisition from a competitive point of view, ie does this place them more of a leader in their segment or simply adds to their offerings and maybe is more of a one stop shop?
I have owned the stock for about 4 years now and it's become a meaningful position.
Cheers,
Steve
Can you please comment on Kraken's most recent acquisition from a competitive point of view, ie does this place them more of a leader in their segment or simply adds to their offerings and maybe is more of a one stop shop?
I have owned the stock for about 4 years now and it's become a meaningful position.
Cheers,
Steve
Q: Kraken announced a sizeable order today - $34M. The stock has recently sold off a bit but is up 14% today as of this writing. How material is the order? Was it expected? Have they updated their outlook for 2025? Out of 10, how would you rate the stock as a buy? I'm trying to decide whether to make it a full position.
Q: Kraken seems like a very interesting company but I am worried about it's vulnerability to intensified 'buy American' policies, and Trump tariffs. Does it have a moat that could help it deal with these? What is your assessment of overall risk?