2024 year end summary and 2025 outlook and strategy
2024 year end summary and 2025 outlook and strategy
This last year marked another landmark in our growth and compounding of overall value to shareholders. Our compound annual growth rate was marked by a continuation above 50% year over year for three consecutive years with this one being no exception; with the measurement being both in the value of our assets enterprise wide as well as the increased appraisal of our mined inventory on the blockchain aspect of our company. Diversification efforts to reduce dependency on two or less forms of revenue streams remained our top priority heading into the last quarter; with allocations being directed away from computer hardware and software towards new theaters of operations across a plethora of verticals after careful considerations in order to navigate this K shaped economic recovery four years in the making. The continued destruction of the retail sector revealed itself to be an attractive acquisition opportunity and led to a deal being completed by a motivated seller and subsequent obtainment of the PLUTUS brand. We have taken this brand from an obscure and non existent product line into an ultra luxury clothing brand that is second to none in terms of research and development and innovation; quality and experimentation within the Research and development team within trillion itself; and projected outwards to the world. The complete rebranding and new ownership also has hidden within it a merging of our blockchain expertise leading to the launch of our authentication as a service product offering which has been very well received. Plutus is the innovation laboratory for the firm and will remain so in perpetuity. Other verticals included in our capital expenditures will be hidden from view as they are not warranted to be publicized in the public realm and are subject to various non disclosure agreements among other legal factors; yet are equally as inventive and constructive in generating returns and making further strides in various capacities; and are available upon request within Canada if suitable. Further tuck in and complementary acquisitions remain on the table and constant recon is always being conducted; yet will not be publicized until ratified. The launch of our trillion carbon token was yet another successful plutus labs barrage launched into the battlefield across three chains being nexa, kaspa, kadena with potentially more to follow into the future. Each contains one million tokens and is used for internal corporate purposes as our main ledger of account for various contributions of shareholders, authentication services, client proof of retention as well as a key to the entire trillion ecosystem of various products and services. Amongst any token so far we are the only corporation doing so in any capacity and further use cases are always being assembled and considered. With multiple listings the avenues and optionality embedded within present a vast array of utilization waiting to be discovered and are only in their first inning. Our research clients have enjoyed large, outsized returns and vast outperformance due to our substantially in depth process both on the crypto and equity parallels. Those clients who follow it from start to finish and remain consistent always remain the most rewarded in the form of differentiated alpha. Our mining operations were marked by further trench warfare style brutality in competitiveness; challenges and project selection. Since the creation of the carbon tax our data disclosed a thirty percent increase in electricity cost over that time which on the global stage has made it much more costly to have computer chips in the country compared to historical norms. Combined efforts in efficiency and subsidized through other procedures we have continued to remain online and continue to accumulate largely unaffected. We chose to pursue other revenue streams precisely for this purpose and that strategy has remained fruitful; although it has taken away from continued expansion of our infrastructure constellation style many have become familiar with. With aging hardware and increased operational expenditures the growth has stagnated in this regard; but done by design as to reduce overall risk and enhance diversification of the firm. Our trigger finger remains ready to expand upon the complete understanding of the directionality of the future of mining is headed; with it recently being determined that thus far large bit main ASIC clusters will be the pathway forward for augmentation. To begin this process until the data dependent management dictates otherwise we have begun to make larger and consolidated positions reducing our network participation from over thirty to under twenty projects. Our constellation to cloud strategy has remained lucrative and the right decision and will continue; with less diversification of algorithms and less hardware diversification yet with more powerful chipsets. We believe the true innovation cycle of blockchain creation has ended and the existing networks that continue to have ample funding and access to liquidity as well as continued developer allurement and new applications building upon the specific algorithmic foundation will be the areas of interest moving forward. We have led this charge by example by our initial construction on top of some of our favorite portfolio holdings. In summary there are no shortage of blockchains; there is a shortage of talent developing on them within the second layer and above; in which will be the determining factor for market cap increases and multiple expansion; eth being the case study to be duplicated by many. With this being said mine and hold remains within the confines of good and original projects. Fundamentals over short term profitability has been the winning way to truly generate returns. As with the oil industry profitability is not always present; but the raw commodities are; and it is the same principle we have duplicated in the digital sphere. Deferring costs to accumulate future valuable commodities of importance at all costs. We remain with a severely under leveraged balance sheet and plan to fuel expansion by utilizing corporate credit at some point this year upon the right hardware being released; for now dry powder it remains. Although we remain negative on the crypto spaces innovation we remain constructive on select aspects as noted above. Overall the firm continues to thrive and expand; with both research offerings paying dividends to both us and our clients we will continue to grow all be it at a slower rate as we proceed cautiously. Feel free to contact me at any point I am not hard to find and am always willing to collaborate where possible.