Neptune Digital Assets Corp, a major Canadian blockchain company, has announced the acquisition of 20 additional bitcoins and 1 million dogcoin.
Bitcoin (BTC) was purchased at an average price of $ 99,833 per BTC, with a total of $ 2 million USD. The acquisition held between 26 January and 3 February 2025 extends the total bitcoin holdings of Neptune to 376 BTC.
In addition to expanding its bitcoin reserves, Neptune has given more variety to its cryptocurrency portfolio by receiving 1,000,000 Dogs (DOGE) tokens through a strategic derivative purchase on December 27, 2024, which is more varied, which is $ 0.37 USD $. There is a dog at average price.
Neptune’s CEO, Black Moody emphasized the company’s long -term strategy:
“With a strong focus on BTC, these initial acquisitions show commitment to their development strategy of Neptune, while carefully benefiting and managing debt levels.”
The step aligns with ongoing efforts to increase its bitcoin holdings through direct acquisition of Neptune, derived trading, converting stakeing rewards into bitcoin and bitcoin mining.
Beyond the digital asset accumulation, the company invests in partners and state -of -the -art technology projects, with fields such as digital assets, fintech and space exploration.
Neptune Digital Assets Corp is one of Canada’s first publicly trading blockchain companies and is a market leader in digital assets.
The company manufactures and operates infrastructure to support the digital currency ecosystem in Canada, which includes bitcoin mining, proof-of-stake mining, blockchain nodes and decentralized finances.
These purchases are made by other corporations, such as microstrates and genius groups, who have obtained traction in crypto space by obtaining bitcoin as part of their financial strategy.
