Neptune Digital Assets Corp. (TSE:NDA) has released an update.
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Neptune Digital Assets Corp. reported a record net income of $18.6 million for the six months ending February 29, 2024, marking a period of substantial growth with total assets increasing by 57% to $51.6 million. The company, which focuses on Bitcoin mining, staking, and other income-generating activities, also announced a share buyback program amidst a strategic acquisition of Solana, which is expected to enhance proof-of-stake revenues. Neptune’s strategy of retaining Bitcoin in cold storage, coupled with a diverse digital asset portfolio, positions it strongly in the cryptocurrency market.
For further insights into TSE:NDA stock, check out TipRanks’ Stock Analysis page.
