Neptune Digital Assets Corp. Stock Price, News & Analysis

Neptune Digital Assets (OTCQX: NPPTF) reported Q1 2026 condensed interim financials and closed a strategic investment in xAI.

Key points: total assets $74.6M as at Nov 30, 2025; 417 BTC treasury (~$50M); SpaceX private shares valued $18.8M; completed a US$300,000 equity investment in xAI. The quarter showed a comprehensive loss of CAD 10.78M, driven mainly by digital currency revaluation losses.

Neptune Digital Assets (OTCQX: NPPTF) released audited 2025 consolidated financials for year ended Aug 31, 2025, reporting comprehensive income of $22.8M CAD and total assets of $87.2M CAD (up 75% vs Aug 31, 2024).

Key drivers: digital assets rose to $70.18M, Bitcoin treasury of ~416 BTC (~$50M) at an average cost of ~US$34,250, expanded Solana and Cosmos positions, and strategic equity exposure including 32,126 SpaceX shares (~$18.8M). Neptune holds a US$25.0M revolving credit line (US$8.8M drawn).

Neptune Digital Assets (OTCQX: NPPTF) announced a strategic investment and corporate updates on December 17, 2025.

Neptune agreed on December 11, 2025 to acquire US$300,000 of shares in X.AI Corp (xAI) to gain early exposure to advanced artificial intelligence and robotics. Management cited prior success with SpaceX and noted a current holding of over 32,000 SpaceX shares. Neptune also granted 1,300,000 stock options to directors and officers effective December 9, 2025, exercisable for 10 years at $0.70 per share and vesting immediately.

The company said the xAI stake complements existing holdings across blockchain, AI, and space exploration as part of its long-term value strategy.

Neptune Digital Assets (OTCQX: NPPTF) announced on October 8, 2025 that its Bitcoin treasury has surpassed $70 million CAD, holding over 410 BTC. The company reports an average acquisition cost of approximately $33,600 USD per Bitcoin and a 138% year‑over‑year increase in BTC holdings value. Neptune says its treasury growth uses a multi‑pronged strategy: monthly dollar‑cost averaging, a proprietary staking‑to‑Bitcoin conversion model, selective derivative trades to increase BTC exposure, and proof‑of‑work mining operations. Management frames this hybrid approach as a way to diversify revenue streams while maintaining Bitcoin as the core treasury asset.

Neptune Digital Assets (OTCQB: NPPTF) reported strong financial results for the nine months ended May 31, 2025, with total assets growing 62% to $82.2 million from August 31, 2024. The company's digital currency holdings more than doubled to $64.9 million, including 405 Bitcoin valued at $65.8 million and 35,460 Solana tokens.

The company achieved comprehensive income of $24.6 million, with gross revenues of $1.8 million from mining, staking, and DeFi activities. Neptune's strategic investments include an $8.2 million stake in SpaceX, and it maintains a $25.0 million revolving credit line with Sygnum Bank, of which $6.4 million is currently drawn.

Neptune Digital Assets (OTCQB: NPPTF) provided a corporate update on its Bitcoin treasury strategy. The company currently holds 404 Bitcoin (approximately 318 Satoshis per share) and has expanded its Solana staking operations to 33,312 Solana tokens. Neptune employs a multi-pronged approach including automated dollar cost averaging through a US$25 million Sygnum Bank credit facility, Bitcoin mining, and Solana staking yields.

The company has implemented a derivatives strategy selling Solana put options, generating 50-100% annualized yields. Premium income is used for Bitcoin purchases or operations. Neptune maintains its focus on long-term Bitcoin treasury growth without plans for equity raising at current share prices.

Neptune Digital Assets Corp. has announced the engagement of ICP Securities Inc. to provide automated market making services, starting June 16, 2025. The agreement includes the use of ICP's proprietary algorithm, ICP Premium, and will initially run for 4 months with automatic monthly renewals thereafter. Neptune will pay ICP a monthly fee of C$7,500 plus taxes. The service aims to correct temporary supply and demand imbalances in Neptune's shares, with ICP bearing the costs of buying and selling activities. The agreement can be terminated with 30 days notice, and notably, no performance factors, stock options, or additional compensation are included in the arrangement.

Neptune Digital Assets reported strong financial results for the six months ended February 28, 2025, with a comprehensive net income of $17.4 million and 43% asset growth. The company's total assets reached $72.2 million, up from August 2024.

Key highlights:

• Bitcoin holdings: 401 BTC valued at $52 million (avg. cost: US$31,564/BTC)
• Solana position: 33,000 SOL (avg. cost: US$64/SOL)
• SpaceX investment: valued at $8.26 million (avg. cost: US$95/share)
• Revenue streams: $1.41 million from mining, staking, and DeFi activities
• Credit facility: US$25 million available through Sygnum Bank

The company maintains diverse crypto holdings including BTC, SOL, ATOM, ETH, and others, while strategically expanding through mining operations and staking rewards. Working capital stands at $6.3 million with total shareholder equity of $67.2 million.

Neptune Digital Assets (NPPTF) has expanded its investment in SpaceX by acquiring an additional 5,405 shares for US$1 million at US$185 per share. This strategic move increases Neptune's total SpaceX holdings to 32,126 shares.

The investment was executed through an arm's-length transaction, aligning with Neptune's strategy of holding high-value, innovative assets. SpaceX's focus areas include space exploration, satellite communications, and space transportation, with goals of reducing launch costs and enabling Mars colonization.

According to CEO Cale Moodie, the investment responds to strong shareholder interest in SpaceX exposure and represents an opportunity to invest in what they consider a transformative technology company, citing SpaceX's rapid valuation growth as generating strong returns for Neptune.