{
  "docId": "019de514-cec9-71bc-926d-8613f5d9374c",
  "docSlug": "937a3a1c1631c5f4b2691cbb0cef522a",
  "documentTitle": "BlockFi | Investor Presentation Deck | 27 slides",
  "authorId": "blockfi",
  "authorName": "BlockFi",
  "documentKindSlug": "regulatory-filing",
  "documentKindLabel": "Regulatory filing",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-01-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 24,
  "pageCount": 27,
  "prevPage": 23,
  "nextPage": 25,
  "slideType": "timeline",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 7,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de514-cec9-71bc-926d-8613f5d9374c/24",
  "deckHref": "/decks/019de514-cec9-71bc-926d-8613f5d9374c",
  "deckJsonHref": "/decks/019de514-cec9-71bc-926d-8613f5d9374c.json",
  "deckAnchorHref": "/decks/019de514-cec9-71bc-926d-8613f5d9374c#slide-24",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.1,
        "x": 0.64,
        "y": 0.15
      },
      "kind": "callout",
      "text": "Jan 2022: $6-$8 Billion Third Party Indicative Valuation",
      "attrs": {},
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5ec69f87-1c8c-4bbe-a93e-55b63d3c5f90",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.09,
        "x": 0.65,
        "y": 0.77
      },
      "kind": "callout",
      "text": "Mar and Apr 2022: Second PSC Agreements",
      "attrs": {},
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a2ec51ea-e925-464e-837d-ec5e5e3fae4f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.09,
        "x": 0.65,
        "y": 0.65
      },
      "kind": "callout",
      "text": "Nov-Dec 2021: First PSC Agreements",
      "attrs": {},
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d7c0d9f7-710d-4ff5-986c-94d6cb2c5f0c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.11,
        "x": 0.042,
        "y": 0.04
      },
      "kind": "image",
      "text": "BlockFi",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0eaffdbb-d427-4a2d-a87a-cecaedab6787",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.79,
        "x": 0.11,
        "y": 0.95
      },
      "kind": "list",
      "text": "2018\n2019\n2020\n2021\n2022",
      "attrs": {},
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "189824cc-5ff6-49ee-9c67-2d8751e9177f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.23,
        "x": 0.75,
        "y": 0.25
      },
      "kind": "list",
      "text": "Nov 2, 2022: FTX/Alameda financial data leaked",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "05e8a1fc-31f4-4964-8261-6cae2506b731",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.14,
        "x": 0.68,
        "y": 0.31
      },
      "kind": "list",
      "text": "Feb 14, 2022: SEC Settlement",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0a177968-19b7-4d0f-9ffb-b334a0b5db63",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.22,
        "x": 0.75,
        "y": 0.31
      },
      "kind": "list",
      "text": "August 23, 2022: Litigation Settlement",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ada8d7a-aef4-4460-bd1a-0c49ab37ef76",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.26,
        "x": 0.17,
        "y": 0.3
      },
      "kind": "list",
      "text": "June 2022: Counterparty Threats Against BlockFi",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "166e4a11-f7b6-4ace-95aa-b6ffc4879996",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.18,
        "x": 0.5,
        "y": 0.39
      },
      "kind": "list",
      "text": "July-Aug 2021: Series E Preferred Stock at $3.8B valuation",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "259c1f50-bec1-4f1b-af21-67f45ca9d036",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.24,
        "x": 0.75,
        "y": 0.42
      },
      "kind": "list",
      "text": "July 1, 2022: BlockFi/FTX \"rescue\" transaction",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "31eeac78-958f-4ee5-8506-d229a7f0ac5d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.2,
        "x": 0.75,
        "y": 0.46
      },
      "kind": "list",
      "text": "June, 2022: Counterparty Threats Against BlockFi",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "43d71126-8094-4e36-a2cd-13bbedf63bf6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.75,
        "y": 0.54
      },
      "kind": "list",
      "text": "June 12, 2022: Celsius freezes platform",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5d922c3a-07d6-46f4-bba5-e70d4ecc5ba9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.24,
        "x": 0.75,
        "y": 0.28
      },
      "kind": "list",
      "text": "October 27, 2022: Core Scientific announces default",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6193a732-0db8-4250-9b7d-2aeeb03ee123",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.17,
        "y": 0.2
      },
      "kind": "list",
      "text": "Nov-Dec 2021: First PSC Agreements",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "634c0d3e-dab1-4cc5-b8b4-36aba358e621",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.19,
        "x": 0.02,
        "y": 0.52
      },
      "kind": "list",
      "text": "July 2018: BlockFi $50M in funding from Galaxy",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6ce14d5f-aa68-435b-9c74-68a850aa03ec",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.18,
        "x": 0.41,
        "y": 0.5
      },
      "kind": "list",
      "text": "Mar-May 2021: Series D Preferred Stock at $3B valuation",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "80988cb2-820f-4b05-b6dd-d5aef84c7693",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.22,
        "x": 0.17,
        "y": 0.36
      },
      "kind": "list",
      "text": "August 23, 2022: Litigation Settlement",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "87e9997d-f949-49fe-aca2-15f692df4552",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.28,
        "x": 0.17,
        "y": 0.33
      },
      "kind": "list",
      "text": "July 1, 2022: BlockFi / FTX \"Rescue\" Transaction",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "88a99b09-2718-46aa-97ab-7e5238c250de",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.3,
        "x": 0.17,
        "y": 0.23
      },
      "kind": "list",
      "text": "Jan 2022: $6-$8 Billion Third Party Indicative Valuation",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a68680df-c7fd-4c30-9237-18e3f0beab86",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.23,
        "x": 0.75,
        "y": 0.22
      },
      "kind": "list",
      "text": "Nov 10, 2022: BlockFi limits customer withdrawals",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a9077870-ab41-4dd2-ac18-024e556b7da4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.16,
        "x": 0.02,
        "y": 0.32
      },
      "kind": "list",
      "text": "Jan 2018: BlockFi starts lending",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ac31886d-4c64-4d1c-b29d-a5ac5f5eb455",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.2,
        "x": 0.02,
        "y": 0.43
      },
      "kind": "list",
      "text": "Feb 2018: BlockFi seed round of funding",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b967aeb3-349a-4fed-abe0-fc154e7e2641",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.24,
        "x": 0.75,
        "y": 0.37
      },
      "kind": "list",
      "text": "July 5, 2022: Voyager freezes platform / files chapter 11",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bb02c198-26be-47ed-baa2-572184ebe4fa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.14,
        "x": 0.26,
        "y": 0.71
      },
      "kind": "list",
      "text": "Jan-Feb 2020: Series B Preferred Stock",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c0615c56-4779-4462-8db2-242d30e792a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.19,
        "x": 0.75,
        "y": 0.34
      },
      "kind": "list",
      "text": "July 13, 2022: Celsius files chapter 11",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c6df2e31-7527-4bc3-9ae8-e978417c3989",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.14,
        "x": 0.22,
        "y": 0.79
      },
      "kind": "list",
      "text": "July-Aug 2019: Series A Preferred Stock",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d807a76c-7816-488a-9ca2-d27a4b4bc6cf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.19,
        "x": 0.3,
        "y": 0.61
      },
      "kind": "list",
      "text": "Aug-Sept 2020: Series C Preferred Stock at $450M valuation",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e0fba232-2b33-44e1-bbab-572bd3edbb75",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.23,
        "x": 0.17,
        "y": 0.27
      },
      "kind": "list",
      "text": "March-April 2022: Second PSC Agreements",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e985b55e-577a-4d67-833f-8692e3a94bc3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.16,
        "x": 0.75,
        "y": 0.51
      },
      "kind": "list",
      "text": "June 14, 2022: 3AC collapse",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "eb327701-aedd-4d14-aef9-b08d1122878d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.19,
        "x": 0.75,
        "y": 0.19
      },
      "kind": "list",
      "text": "Nov 11, 2022: FTX bankruptcy filing",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f5d774c8-8018-40a1-b2e4-305019804bbd",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.14,
        "x": 0.75,
        "y": 0.58
      },
      "kind": "list",
      "text": "~May 10, 2022: Luna collapses",
      "attrs": {},
      "subkind": "timeline-item",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "fc54886f-b6ce-4ea4-8e53-74e6d9afab38",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.51,
        "x": 0.042,
        "y": 0.13
      },
      "kind": "title",
      "text": "Litigation Settlement Chronology",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6dc7b1a6-7d2f-4789-bc30-a8a3ee8cd279",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 27,
      "from": 15,
      "beatId": "04fd375b-544a-4027-94e3-7baafc6716ef",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Impact & Next Steps",
      "beatSlug": "consultants-gambit-impact-next-steps",
      "evidence": "The deck concludes with the impact and next steps for BlockFi",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [
    {
      "to": 27,
      "from": 15,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "8485955c-72b7-4eda-9ba4-6f6324b45cdc",
      "evidence": "The deck implies the consequences of not taking action",
      "position": 1,
      "objective": "Highlight the cost of inaction for BlockFi",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}