Neptune Digital Assets Corp. has expanded its Bitcoin Treasury to 401 BTC as of April 10, 2025.
The Vancouver-based company claims that it still has Bitcoin (BTC) at an average price of $31,564.
The move was built on previous purchases of 20 btc and 1 million DOGE coins between late December and early February, with total Bitcoin stocks going from 376 to 401 Btc. Neptune's disciplined, cost-effective strategy has outperformed the financials of many companies in terms of acquisition costs and helped to strengthen its position amidst market fluctuations.
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Bitcoin as a long-term growth strategy
CEO Cale Moodie reaffirmed the company's belief in the role of Bitcoin as a foundation for the digital asset economy, and highlighted its multi-faceted approach to financial growth.
“We believe in Bitcoin's long-term value and role as the basis of the digital asset economy. Our growth reflects our trust in Bitcoin's future and a disciplined approach to strategic asset allocation,” Moodie said.
This includes averaging dollar costs, opportunistic purchases, mining operations, profit-generating derivatives, and converting staking rewards to Bitcoin.
Neptune, one of Canada's first publicly available blockchain companies, operates across multiple areas of the crypto ecosystem, from workplace proof and stake proof mining to debt and blockchain infrastructure.
The company said it will continue to optimize its financial management while seeking value-driven expansion in a broader digital asset environment.
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