The event offered participants: exclusive music streaming, exclusive access, limited edition merchandise and a live Q&A session with the artistAs of June 30, 2024, BIGG’s cash and crypto holdings were ~$20.4MThe Company has no debt Highlights after June 30, 2024: BIGG currently owns ~99.5 Bitcoin, valued at ~$5.9MNetcoins currently has customer Assets Under Custody of ~$100.5M (an increase of 15% over Q4 2023 and a decrease of 12% from Q1 2024)Netcoins now offers 50 crypto assetsBIG doubled the size of its sales division to help meet the interest and demand for on-chain tools and technology as the digital asset market growsBIG launched two new advanced modules for its acclaimed Certified Cryptocurrency Investigator (CCI) training program : Module 9 - Hacks & ExploitsModule 10 - Compliance & Risk Management (Standalone Certification) These latest two modules complete the Certified Cryptocurrency Investigator - Advanced certification course ("CCI-A”) TerraZero’s announced a collaboration with artificial intelligence company Qeleo (Qeleo.com); Predictive Technologies d/b/a Qeleo, to accelerate the scalability of TerraZero’s core product, Intraverse, and other operational initiatives Selected financial and operating information should be read in conjunction with BIGG's unaudited condensed consolidated interim financial statements and related Management's Discussion and Analysis for the six months ended June 30, 2024, available at All financial information in this press release is prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board.
Important factors that could cause actual results to differ materially from BIGG’s expectations include consumer sentiment towards BIGG’s products and Cryptocurrency and Blockchain technology generally, technology failures, the lack of demand for the company’s products and services, fluctuations in the price of cryptocurrency, the ability to successfully define, design, and release new products in a timely manner that meet customers’ needs; the ability to attract, retain, and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel; competition; the demand and pricing of cryptocurrencies and NFTs (including digital assets); litigation; security threats, including a loss/theft of NFTs, cryptocurrencies, and other assets; and failure of counterparties to perform their contractual obligations.
These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the ability to manage operating expenses, which may adversely affect the Company’s financial condition, the ability to remain competitive as other better financed competitors develop and release competitive products, volatility in the trading price of the common shares of the Company, the demand and pricing of cryptocurrency, the Company’s ability to successfully define, design and release new products in a timely manner that meet customers' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; and other factors, many of which are beyond the control of BIGG.
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