Northwire Canada EditionTuesday, July 28, 2026
Northwire
EGR 0.025 +0.0% RIO 2.60 −3.5% GEN 0.070 +0.0% MAI 4.35 −2.9% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 0.980 −2.0% SIG 0.925 +0.5% LMR 0.120 +60.0% XTM 0.065 +0.0% EGR 0.025 +0.0% RIO 2.60 −3.5% GEN 0.070 +0.0% MAI 4.35 −2.9% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.285 −5.0% HMR 0.540 +0.0% NRC 0.980 −2.0% SIG 0.925 +0.5% LMR 0.120 +60.0% XTM 0.065 +0.0%
Other

Neptune Digital holds 410 bitcoin

NDA · Price

Executive Summary

  • Neptune Digital Assets Corp. reports its bitcoin treasury now exceeds $70 million, holding over 410 BTC.
  • The average acquisition cost of the BTC holdings is approximately US $33,600 per coin, reflecting a 138 % year‑over‑year increase in value.
  • Growth is driven by a multi‑faceted strategy: monthly dollar‑cost averaging, staking‑to‑bitcoin conversions, selective derivative trading, and traditional proof‑of‑work mining.

Key Details

  • Treasury Size: > $70 million (≈ 410 BTC).
  • Average Acquisition Cost: ~US $33,600 per BTC (significantly below current market price).
  • Year‑over‑Year Growth: Treasury value up 138 % YoY.
  • Accumulation Methods:
  • Consistent accumulation – monthly dollar‑cost averaging purchases of BTC.
  • Staking‑to‑BTC conversion – altcoin staking rewards swapped into BTC at opportunistic moments (proprietary proof‑of‑stake mining model).
  • Derivative trading – selective derivatives used to increase BTC exposure while leveraging volatility.
  • Proof‑of‑work mining – ongoing Bitcoin mining operations contributing directly to treasury growth.
  • Strategic Positioning: Management states the hybrid approach provides diversified revenue streams and positions Neptune as a resilient, forward‑looking public digital‑asset company.

Notable Quotes

“We are proud to report steady growth in our bitcoin treasury, which has now surpassed $70 million,” said Cale Moodie, CEO. “Our disciplined and conservative approach… continues to grow Neptune's holdings while diversifying revenue streams.”

Read the original news release →

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