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Neptune Provides Corporate Update, Announces Marketing and Staking of 31,715 Solana

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Neptune Digital Assets provides a corporate update highlighting its strong position in the blockchain market. The company currently holds 349 BTC in cold storage and stakes 31,715 Solana (SOL), purchased at US$64 per SOL, now valued at US$180. Their diverse portfolio includes substantial holdings in ATOM, ETH, DOT, and GRT, mostly staked with yields of 3-20%. Operations generate approximately $220,000 monthly at current token prices. The company maintains $4.6 million in cash reserves, sufficient for two years of operations, with no debt and no share purchase warrants. Additionally, Neptune has engaged Native Ads for a six-month marketing campaign with a budget of up to US$150,000.

Neptune Digital Assets fornisce un aggiornamento aziendale evidenziando la sua solida posizione nel mercato della blockchain. L'azienda attualmente detiene 349 BTC in cold storage e stakera 31.715 Solana (SOL), acquistati a 64 dollari per SOL, ora valutati a 180 dollari. Il loro portafoglio diversificato comprende importanti partecipazioni in ATOM, ETH, DOT e GRT, per la maggior parte staked con rendimenti dal 3% al 20%. Le operazioni generano circa 220.000 dollari mensili ai prezzi attuali dei token. L'azienda mantiene 4,6 milioni di dollari in riserve di liquidità, sufficienti per due anni di operazioni, senza debiti e senza warrant per l'acquisto di azioni. Inoltre, Neptune ha ingaggiato Native Ads per una campagna di marketing di sei mesi con un budget di fino a 150.000 dollari.

Neptune Digital Assets proporciona una actualización corporativa destacando su sólida posición en el mercado de blockchain. Actualmente, la empresa posee 349 BTC en almacenamiento en frío y staka 31.715 Solana (SOL), comprados a 64 USD por SOL, ahora valorados en 180 USD. Su cartera diversificada incluye participaciones sustanciales en ATOM, ETH, DOT y GRT, en su mayoría en staking con rendimientos del 3% al 20%. Las operaciones generan aproximadamente 220,000 dólares mensuales a los precios actuales de los tokens. La empresa mantiene 4.6 millones de dólares en reservas de efectivo, suficientes para dos años de operaciones, sin deudas y sin garantías de compra de acciones. Además, Neptune ha contratado a Native Ads para una campaña de marketing de seis meses con un presupuesto de hasta 150,000 dólares.

Neptune Digital Assets는 블록체인 시장에서 강력한 입지를 강조하는 기업 업데이트를 제공합니다. 현재 이 회사는 349 BTC를 콜드 스토리지에 보관하고 있으며, 31,715 Solana (SOL)를 스테이킹하고 있습니다. SOL당 64달러에 구매했으며 현재는 180달러로 평가되고 있습니다. 그들의 다양한 포트폴리오에는 ATOM, ETH, DOT 및 GRT에 대한 상당한 보유가 포함되어 있으며, 대부분 3-20%의 수익률로 스테이킹 하고 있습니다. 현재 토큰 가격에 따라 운영에서 약 220,000달러의 월 수익을 창출하고 있습니다. 이 회사는 460만 달러의 현금 보유액을 유지하고 있으며, 이는 2년간 운영할 수 있는 충분한 자금입니다. 부채가 없고 주식 매수 권리가 없습니다. 더불어, Neptune은 Native Ads와 15만 달러의 예산으로 6개월간의 마케팅 캠페인을 진행하기로 했습니다.

Neptune Digital Assets fournit une mise à jour de l'entreprise soulignant sa position forte sur le marché de la blockchain. Actuellement, la société possède 349 BTC en stockage à froid et mise 31.715 Solana (SOL), achetés à 64 USD par SOL, maintenant évalués à 180 USD. Leur portefeuille diversifié comprend des participations substantielles dans ATOM, ETH, DOT et GRT, principalement mises avec des rendements de 3 à 20%. Les opérations génèrent environ 220 000 dollars par mois aux prix actuels des tokens. L'entreprise conserve 4,6 millions de dollars en réserves de liquidités, suffisantes pour deux ans d'opérations, sans dettes et sans bons d'achat d'actions. De plus, Neptune a engagé Native Ads pour une campagne de marketing de six mois avec un budget allant jusqu'à 150 000 dollars.

Neptune Digital Assets liefert ein Unternehmensupdate, das seine starke Position im Blockchain-Markt hervorhebt. Das Unternehmen hält derzeit 349 BTC im Kaltlager und staked 31.715 Solana (SOL), die zu einem Preis von 64 USD pro SOL gekauft wurden und jetzt mit 180 USD bewertet sind. Ihr diversifiziertes Portfolio umfasst erhebliche Bestände an ATOM, ETH, DOT und GRT, hauptsächlich mit Renditen von 3-20% gestakt. Die Operationen generieren bei den aktuellen Token-Preisen etwa 220.000 USD monatlich. Das Unternehmen hält 4,6 Millionen USD in liquiden Mitteln, was für zwei Jahre Betrieb ausreichend ist, ohne Schulden und ohne Aktien-Kaufwarrants. Darüber hinaus hat Neptune Native Ads für eine sechsmonatige Marketingkampagne mit einem Budget von bis zu 150.000 USD beauftragt.

Positive
  • Significant SOL price appreciation from US$64 to US$180 per token
  • Monthly revenue generation of $220,000 at current prices
  • Strong cash position of $4.6M with no debt
  • Diverse crypto portfolio generating 3-20% yields through staking
  • 349 BTC held in cold storage
Negative
  • Monthly revenue highly dependent on volatile token prices

Vancouver, British Columbia--(Newsfile Corp. - October 25, 2024) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), one of the first publicly traded blockchain companies in Canada, is pleased to provide a corporate update.

Neptune continues to mine through proof-of-work and proof-of-stake operations. Bitcoin revenues are held securely in cold storage while staking revenues are either compounded or are used to acquire more Bitcoin.

Neptune is well positioned with a strong balance sheet to take advantage of what is believed to be a resumption of a blockchain bull market cycle. Key financial and operational highlights are as follow:

  • Neptune currently holds 349 BTC in cold storage, this balance continues to grow through proof-of-work mining operations, option trades, purchases and using staking revenues for acquisitions.

  • Earlier in the year Neptune purchased 26,964 Solana ("SOL") at a price of US$64 per SOL. At the time of purchase this was a 67% discount to market price and, as of October 24, 2024, market price is US$180 per SOL. Neptune currently stakes 31,715 SOL earning approximately 7.25% per annum.

  • The Company holds a portfolio of tokens which management rebalances from time to time as necessary to optimize holdings and yields. Currently, Neptune holds 193,000 ATOM, 140 ETH, 50,000 DOT, 1.3m GRT and smaller positions in Ocean, FTM, DASH, Juno and others. The majority of these tokens are staked, earning yields of 3-20% depending on the asset.

  • As of October 25, 2024, operations generate approximately $220,000 per month at today's token prices. This income level fluctuates significantly based on token price movements.

  • Neptune continuously assesses accretive opportunities to grow the balance sheet such as the Solana acquisition from a bankrupt entity and purchase of shares in SpaceX.

  • Neptune has $4.6 million in cash reserves with tier 1 Canadian banks providing enough capital for over two years of operations without selling tokens or raising capital.

  • The Company has been active in the public market with its NCIB share repurchases, periodically acquiring and cancelling shares when conditions are optimal.

  • The Company has no debt and no share purchase warrants.

"We are enthusiastic about the Company's recent progress and the improving market conditions. As the cryptocurrency space resumes the current bull cycle, Neptune is perfectly positioned to capitalize on this momentum. Our diverse holdings-from Bitcoin to emerging assets like Solana and our unique investment in SpaceX-provide unparalleled opportunities for growth. With the launch of a new marketing campaign, we aim to elevate Neptune's visibility and continue delivering long-term value to our shareholders. We are excited about the future and confident that Neptune will remain a leader in the digital asset landscape," stated Cale Moodie, Neptune's CEO.

Marketing Campaign Services Agreement

The Company has entered into a service agreement with Native Ads Inc. ("Native Ads") dated October 23rd, 2024, pursuant to which Native Ads will provide a marketing campaign for a total retainer of up to US$150,000, with a term of up to six months or until the retainer is depleted. Under the Agreement, Native Ads will execute a comprehensive digital media advertising campaign for the Company, where approximately 75% of the campaign budget will be allocated to cost per click costs, media buying and content distribution, and search engine marketing. The remaining budget will be allocated for content creation, web development, advertising creative development, search engine optimization, campaign optimization, and reporting and data insights services. Native Ads is a full-service advertising agency based out of New York and Vancouver, BC. Native Ads is arms-length to the Company and holds no interest, directly or indirectly, in the securities of the Company or any right to acquire such an interest. The engagement of Native Ads is subject to the approval of the TSX Venture Exchange.

About Neptune Digital Assets Corp.

Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) is one of the first publicly traded blockchain companies in Canada and is at the forefront of the cryptocurrency and blockchain landscape. Neptune engages in operations across the digital asset ecosystem including Bitcoin mining, proof-of-stake mining, blockchain nodes, decentralized finance (DeFi), and other associated cutting-edge technology. Our unwavering commitment to innovation and strategic growth enables us to continually explore new opportunities and maximize value for our shareholders. For more information about Neptune Digital Assets Corp., please visit our website at www.neptunedigitalassets.com or follow us on X (@NeptuneDAC).

ON BEHALF OF THE BOARD

Cale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX ‎Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

Forward-Looking Statements

This release contains certain "forward looking statements" and certain "forward-looking information" as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "proposes" or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the auditors completing the remining auditing items with respect to the Annual Filings; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the volatility of digital currency prices; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties.

The Company does not undertake any obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227769

FAQ

What is Neptune Digital Assets' (NPPTF) current Bitcoin holdings?

Neptune Digital Assets currently holds 349 BTC in cold storage, which continues to grow through proof-of-work mining operations, option trades, purchases, and staking revenue acquisitions.

How many Solana tokens does Neptune Digital Assets (NPPTF) stake as of October 2024?

Neptune Digital Assets stakes 31,715 Solana (SOL) tokens, earning approximately 7.25% per annum.

What is Neptune Digital Assets' (NPPTF) monthly revenue as of October 2024?

Neptune Digital Assets generates approximately $220,000 per month at current token prices, though this income fluctuates significantly based on token price movements.

How much cash reserves does Neptune Digital Assets (NPPTF) have in October 2024?

Neptune Digital Assets has $4.6 million in cash reserves with tier 1 Canadian banks, sufficient for over two years of operations without selling tokens or raising capital.

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