Neptune Digital expands crypto holdings with BTC and DOGE purchases

Neptune Digital Assets Corp., a main Canadian blockchain company, announced the acquisition of 20 additional bitcoin and 1 million Dogecoin.

Bitcoin (BTC) The purchase was made at an average price of $ 99,833 per BTC, totaling approximately $ 2 million. This acquisition, carried out between January 26 and February 3, 2025, increases the total Bitcoin assets from Neptune to 376 BTC.

In addition to extending its Bitcoin reserves, Neptune has further diversified its cryptocurrency portfolio by acquiring 1,000,000 Doge (DOGE) Tokens thanks to a strategic derivative purchase on December 27, 2024, at an average price of 0.37 USD per DOGE.

The CEO of Neptune, Cale Moodie, underlined the long -term strategy of the company:

“With a strong emphasis on the BTC, these initial acquisitions show Neptune’s commitment to its growth strategy while meticulously managing the risk of leverage and debt levels.”

This decision is aligned with the continuous efforts of Neptune to increase its Bitcoin operations by direct acquisition, derived exchange, conversion of stimulation rewards in bitcoin and bitcoin mining.

Beyond the accumulation of digital assets, the company joins and invests in advanced technological projects, covering fields such as digital assets, fintech and spatial exploration.

Neptune Digital Assets Corp. is one of the first blockchain companies listed on Canada and a market leader in digital assets.

The company built, has and operates infrastructure supporting the digital currency ecosystem in Canada, including Bitcoin exploitation, exploitation of proof of bet, blockchain nodes and decentralized finance.

These purchases are similar to those made by other companies, such as Microstrategy and engineering group, who gained ground In the crypto space by acquiring bitcoin in the context of their financial strategy.