NEPTUNE DIGITAL ASSETS - NPPTF STOCK NEWS

Neptune Digital Assets Corp. (NPPTF) reports strong financial performance in Q1 2023, with $39 million in assets and no debt. The company earned $863,628 in gross mining revenue and other income through Bitcoin mining and holds a total balance of 335 Bitcoin in cold storage. Neptune also settled outstanding litigation with Green Block Mining, securing a payment of $1.53 million in cash and/or shares by June 15, 2024.

Neptune Digital Assets Corp. (NDA) achieves a strategic milestone in its proof-of-stake operations, securing 180,000 Cosmos (ATOM) tokens, generating a monthly revenue stream of approximately $40,000. The company's venture into the Cosmos realm in 2019 positions it to capitalize on potential market upswings, with substantial returns anticipated if ATOM revisits or surpasses its previous market cycle peak at $44 USD.

Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) has released its annual audited consolidated financial statements for the year ended August 31, 2023. The company reported $33.0 million in assets and no debt, with total revenues and other income of $3.6 million through Bitcoin mining, staking, DeFi, and other activities. Neptune also disclosed a net comprehensive loss of $3.4 million, attributed to the sale of the Genesis debt and revaluations of digital currencies. The company's digital asset balances have increased 42% from August 31, 2022 to August 31, 2023, with a current cash balance of $11.0 million held with a tier 1 Canadian bank.

Neptune Digital Assets Corp. provides an update on its business operations, including its expansion of proof of stake (PoS) operations and strategic holdings of DOT and SOL tokens. The company also highlights its expertise in managing nodes and validators, as well as its investments in AI tokens. Neptune continues its proof of work (PoW) mining activities and maintains a strong financial position.

Neptune Digital Assets Corp. appoints KMSS as new auditor, replacing RSM Canada LLP.

Link Global Technologies Inc. (CSE: LNK; OTC: LGLOF) announced a Letter of Intent with a solar consultant for 20MW of power and carbon credits as part of its joint venture with Neptune Digital Assets Corp. for Pure Digital Power Corp.. This partnership aims to lead in clean energy BTC mining with a projected 600MW of solar power in early 2022. Link has also reported the installation of Bit Digital BTC mining machines and the acquisition of 2.5MW generators. A definitive agreement is expected by the end of April 2021.

Link Global Technologies has formed a 50/50 joint venture with Neptune Digital Assets to establish Pure Digital Power Corp. in Alberta, Canada. This venture aims to develop a 5 MW Bitcoin mining facility powered by clean energy sources, including solar and wind. All mined Bitcoin will be held in treasury for reinvestment. The operational responsibilities, including financial oversight and procurement of renewable resources, will be shared between LINK and Neptune. This initiative reflects a commitment to sustainable energy practices in BTC mining.