SPI earnings & assets report | Year 6 | Week 003

in #inleolast month
Authored by @silverstackeruk

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SPI: The Flagship Growth Token of SPInvest

Launched in June 2019, SPI is the flagship growth token from SPInvest, embodying both ownership and governance over assets. As we enter our sixth year, our strength lies in focusing on established, long-term investments and continuing to expand SPinvest as the central hub for investment on HIVE.

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Our Motto: Getting Rich Slow

Our portfolio boasts over 30 investments made up of HIVE and other top-ranked cryptos. We shun impulsive decisions, instead relying on secure, proven strategies. Since our launch, we've increased the value of HIVE by 7x and the overall dollar value of our fund by 12x making SPI the best-performing fund on HIVE.

We are committed to steady wealth accumulation, leveraging the power of compounding through consistent reinvestment. For SPI tokens, we recommend a holding period of 3-5 years to realize significant returns, perfectly aligning with our philosophy of sustainable growth and profitability.

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SPI Weekly Report Breakdown

  • 1 - SPI Incomes & Dividend

  • 2 - SPI Fund Assets
    ..... a - HIVE wallets
    ..... b - HIVE-engine wallets
    ..... c - Non-HIVE wallets

  • 3 - SPI Token Price & Stats

  • 4 - Weekly Updates from SSUK

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1

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2

A

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B

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C

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3

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4

SPI Incomes & Dividends
HIVE incomes this week were better than normal, the main reason for this is that we've been earning LEO all week at the price of around 0.24 HIVE per LEO and then LEO pumped 5% the same day we converted our into HIVE. 370 HIVE form our income came from the @spi-store account and 317 came from the main @spinvest account.

SPI Fund Assets
We see a huge dip in HBD holdings this week as we bought back just over 2500 SPI for around 4500 HBD. We had 1500 left over and because the interest earned from this amount is not enough to pay SPI team rewards, I have put it to work on BSC. No changes in our HIVE and HP balances.

We add another 80-90 EDS and a few DAB to our wallet this week. I noticed that our Splinterland Alpha Pack tokens are way down in price. I remember we sold most of ours at around 900 HIVE for Alpha and 400 for Beta. I dont track Splinterlands so im guessing it's on a decline plus we got all our money back and then some from these packs. Our gaming wallet is about the same as last week not been much change in other holdings.

For non-HIVE holdings, this week I sold off half of our FET position for $2000. This is the amount we put in so now we are freerolling with the 900 we still hold. I took the $2000, added 1500 HBD and put it into an LP token for PEPE/BNB. I'll take the harvests from this each week, convert them into HIVE and then convert that HIVE into HBD. This will be enough to pay SPI team rewards and the surplus will be added to the HBD saving wallet to build our balance there again.

SPI Token Price & Stats
We finish the week strong again with the fund value increasing by 1.2% bringing us to +6.3% up year-to-date (over 3 weeks). We have had a very good start to the year and we can only hope it continues. The dividend APY is still around 3% (based on the current price) which is not massive but the APY you receive really depends on what price you paid for your SPIs. If you paid 1 STEEM HIVE, then your APY is over 20% based on your invested amount.

The token price increased to 5.67 HIVE each and to be honest, I'd prefer to see it go down because that would mean HIVE is going up. If HIVE were $1 right now, the SPI token would be worth 4.75 HIVE ($4.75) each, $2 HIVE would be SPI worth 4.55 HIVE ($9.11) each. Believe me, we want to see the SPI HIVE price drop.

Fund allocation is moving more toward non-HIVE wallets because ETH and PEPE are both kicking ass right now. As said above, we hope HIVE does something soon and decides to wake up. While many last-cycle cryptos have already done 2-10x and got back to near last-cycle peaks, HIVE is only up 20% from its bottom. Now that it is way down the marketcap rankings it will take alot longer for the bull market to hit it if it even hits it at all.

Whatever the future is, HIVE is our home and this is where we'll be.

SPI's week in under 30 words (for those in a rush)
This week, SPI paid out 374 HIVE as dividends, bought 2500 SPI with 4500 HBD, sold FET & HBD to reinvest in PEPE/BNB LP, and increased fund value by 1.2%.

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SPinvest's Tree & Links

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Token NameMain AccountLink to hive-engine
SPI token@spinvestSPI
LBI token@lbi-tokenLBI
Top XV token@spinvestXV
Eddie Earners@eddie-earnerEDS
EDS mini miners@eddie-earnerEDSM
EDS micro miners@eddie-earnerEDSMM
DAB@dailydabDAB
DBOND@dailydabDBOND
Stay up to date with investments, fund stats and find out more about SPinvest in our discord server

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Top 100 SPI Token Holders

@silverstackeruk, @taskmaster4450, @shanibeer, @roger5120, @conradsuperb, @chrisparis, @shitsignals, @super-irie, @netaterra.divi, @no-advice, @flemingfarm, @methus, @ambicrypto, @tbnfl4sun, @metzli, @dera123, @partituna, @meaganx08, @gillianpearce, @gerber, @underground, @ericburgoyne, @znnuksfe, @gattino, @samsemilia7, @serienschauer, @tonyz, @tapeworm16, @geke, @mytechtrail, @dealhunter, @themanwithnoname, @erikklok, @rosatravels, @amr008, @dylanhobalart, @bhattg, @tomhall, @timmy-turnip, @eddie-earner, @hoosie, @welshstacker, @jdkennedy, @oldmans, @sames, @alexvan, @sumatranate, @reefe, @huntforsteem, @jznsamuel, @fat-elvis, @silverd510, @barbara-orenya, @eirik, @honeysaver, @preparedwombat, @sparkesy43, @braaiboy, @dwingsworld, @hykss, @crypt0gnome, @blue.rabbit, @bucipuci, @taskmaster4450le, @melinda010100, @xyzashu, @dailygiveaways, @riandeuk, @silversaver888, @theb0red1, @eturnerx, @seareader1, @c0ff33a, @he-index, @silvertop, @khimgoh, @whitelightxpress, @elizabethbit, @kerrislravenhill, @nomadsteem, @iamraincrystal, @anderssinho, @elfman2018, @ammonite, @spiritverve, @successchar, @bethvalverde, @inertia, @spi-contests, @drlobes, @gadrian, @khan.dayyanz, @aggroed, @jfang003, @hhayweaver, @nikkitoo, @cwow2, @relict

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Tag @spinvest to a comment below saying "I wanna Subscribe" and I will tag you in future SPI weekly reports.

Sub List:-

@ericburgoyne (RIP), @mikezillo, @shanibeer, @oldmans, @roger5120, @lilolns19, @riandeuk, @relict

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Keep the investment real!!
Thanks for the reaport.

@spinvest I wanna Subscribe.