tiprankstipranks
Company Announcements

Neptune Digital Assets Expands Bitcoin and Dogecoin Holdings

Story Highlights
Neptune Digital Assets Expands Bitcoin and Dogecoin Holdings

Discover the Best Stocks and Maximize Your Portfolio:

Neptune Digital Assets ( (TSE:NDA) ) has shared an announcement.

Neptune Digital Assets has expanded its Bitcoin treasury by acquiring 20 BTC at an average price of USD$99,833, bringing its total holdings to 376 BTC. This move demonstrates Neptune’s long-term commitment to Bitcoin as a key asset and its strategic growth in the cryptocurrency sector. Additionally, Neptune has diversified its crypto exposure with a recent acquisition of 1,000,000 Dogecoin tokens. These acquisitions align with Neptune’s growth strategy, leveraging purchasing power while managing financial risks.

More about Neptune Digital Assets

Neptune Digital Assets Corp. is one of the pioneering publicly traded blockchain companies in Canada, operating across various sectors of the digital asset ecosystem. Their activities include Bitcoin mining, proof-of-stake mining, blockchain nodes, and decentralized finance, showcasing a commitment to innovation and strategic growth in the cryptocurrency landscape.

YTD Price Performance: 136.79%

Average Trading Volume: 1,099,003

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$318.7M

Find detailed analytics on NDA stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1