Neptune Digital Assets

🇨🇦Canada
NDA.V
Holding bitcoin since Sep 14, 2022
@neptunedacWebsite

BTC Holdings

404

Share Price
$1.61

Current trading price per share

Market Cap
$144.2M

Total market capitalization

Enterprise Value
$128.9M

Market cap plus debt minus cash

NAV Multiple
3.006

Net Asset Value multiplier

BTC / Market Cap
33.27%

Bitcoin holdings as % of market cap

About Neptune Digital Assets
Neptune Digital Assets (TSXV: NDA.V) stands out as one of Canada’s leading public companies focused exclusively on Bitcoin and digital asset investments. Founded by a team of experienced blockchain entrepreneurs, Neptune has built a reputation for its diversified approach to the digital asset sector, combining Bitcoin accumulation, mining, staking, and participation in decentralized finance (DeFi) protocols. The company’s business model is centered on generating sustainable returns from both active and passive digital asset strategies, with a strong emphasis on transparency and prudent treasury management.
At the core of Neptune’s strategy is a steadfast commitment to Bitcoin as a long-term store of value and a hedge against inflation. By consistently increasing its Bitcoin holdings, Neptune aims to provide shareholders with direct exposure to the world’s most valuable digital asset. The company’s investment thesis is rooted in the belief that Bitcoin will continue to appreciate as adoption grows among institutions, corporations, and governments worldwide. This conviction is reflected in Neptune’s ongoing accumulation strategy, which leverages mining rewards, strategic purchases, and derivative trading to steadily grow its Bitcoin treasury.
Neptune’s disciplined approach and active participation in the digital asset ecosystem have positioned it as a significant player among publicly traded Bitcoin holders. With a total cost basis of $12,657,164 for its Bitcoin treasury, Neptune is recognized for its transparency, regular financial reporting, and commitment to maximizing shareholder value. As the digital asset landscape evolves, Neptune’s focus on Bitcoin and related infrastructure continues to set it apart in the Canadian and global markets.
Neptune Digital Assets has demonstrated a consistent and strategic approach to expanding its Bitcoin holdings over the past year. Below are the most recent Bitcoin-related activities:
Neptune’s steady accumulation and transparent reporting underscore its commitment to Bitcoin as a core treasury asset. As of April 2025, Neptune Digital Assets continues to strengthen its market position, reflecting both confidence in Bitcoin’s long-term potential and a disciplined approach to digital asset management. For more on Neptune’s business and recent updates, visit their official website.

Recent Developments

  • May 26, 2025: Bitcoin holdings increased by 3.00 BTC to 404 BTC (BTC @ $109.1K), stock price $1.84
  • Apr 10, 2025: Bitcoin holdings increased by 25.00 BTC to 401 BTC with cost basis of $12.7M (BTC @ $82.6K), stock price $1.55
  • Feb 5, 2025: Bitcoin holdings increased by 26.00 BTC to 376 BTC (BTC @ $97.8K), stock price $2.20
  • Nov 25, 2024: Bitcoin holdings increased by 5.00 BTC to 350 BTC (BTC @ $96.8K), stock price $0.74
  • May 31, 2024: Bitcoin holdings increased by 24.00 BTC to 345 BTC (BTC @ $68K), stock price $0.31
Neptune Digital Assets — Bitcoin Holdings Over Time
September 14, 2022 - Present
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Neptune Digital Assets — Stock vs BTC Dynamics
September 14, 2022 - Present
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Balance Sheet History
Date
BTC Balance
Change (BTC)
Cost Basis
Market Price
Stock Price
May 26, 2025
404
3
$109,051$1.84
Apr 10, 2025
401
25
$12.7M$82,594$1.55
Feb 5, 2025
376
26
$97,793$2.2
Nov 25, 2024
350
5
$96,824$0.74
May 31, 2024
345
24
$68,005$0.31
Dec 28, 2023
321
0
$42,976$0.44
Dec 27, 2023
321
221
$42,872$0.4
Sep 14, 2022
100
100
$20,185$0.23