CA Market News
4週前
Neptune Establishes Position in Polymarket, Expanding Exposure to Blockchain Financial PlatformsMay 14, 2026 9:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 14, 2026) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQB: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain infrastructure and frontier technology company, today announced it has established an initial position in Polymarket, a blockchain-based prediction market platform operating within the digital asset ecosystem.The position reflects Neptune's strategy of maintaining selective exposure to emerging digital infrastructure platforms that expand the utility of blockchain technology beyond traditional cryptocurrency use cases.Polymarket operates a decentralized marketplace where participants trade event outcomes using blockchain technology, representing a growing category of crypto-native financial applications focused on market-based information discovery. Neptune views platforms like Polymarket as part of the broader evolution of blockchain financial infrastructure, alongside exchanges, custody providers, and decentralized finance protocols."Neptune continues to diversify its exposure to digital infrastructure that aligns with the long-term advancement of blockchain financial systems," stated Cale Moodie, Chief Executive Officer of Neptune. "It is our contention that emerging blockchain platforms may increasingly facilitate the development of next-generation financial and data networks. This strategic initial allocation into Polymarket serves to enhance our comprehensive portfolio, which currently includes over 32,000 SpaceX shares, 421 Bitcoin, and 37,600 Solana, in addition to other staked tokens generating consistent revenue streams."Pursuant to the terms of the agreement, Neptune utilized approximately US$100,000 to secure an equity interest in Polymarket via an arm's length transaction. The Company maintains a disciplined approach to capital allocation while preserving flexibility to participate in emerging areas of the digital asset economy.Additional information regarding Neptune Digital Assets is available at www.neptunedigitalassets.com.About Neptune Digital AssetsNeptune Digital Assets Corp. (TSX-V:NDA) (OTC:NPPTF) (FSE:1NW) is one of the first publicly traded blockchain companies in Canada and is focused on staking, blockchain nodes, decentralized finance (DeFi), and related technologies. The Company also maintains selective positions in frontier technologies and digital infrastructure platforms aligned with its long-term strategy. For more information about Neptune Digital Assets, please visit our website at www.neptunedigitalassets.com or follow us on X (@NeptuneDAC).ON BEHALF OF THE BOARDCale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.comNeither 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 StatementsThis 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 execution of the Company's investment in Polymarket; 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/297384 Original: Neptune Establishes Position in Polymarket, Expanding Exposure to Blockchain Financial Platforms
CA Market News
1月前
Neptune Releases Second Quarter 2026 Financial ResultsApril 30, 2026 9:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - April 30, 2026) - Neptune Digital Assets Corp. (TSXV: NDA) (OTC: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain infrastructure and frontier technology company, today announced the release of its condensed consolidated interim financial statements and management discussion and analysis for the six months ended February 28, 2026. Second Quarter 2026 Financial and Operational Highlights and for the subsequent period up to the date of this news release:Neptune ended the quarter with $68.4 million in total assets as at February 28, 2026, down from August 31, 2025, primarily due to declining crypto prices.The Company has expanded its Bitcoin (BTC) treasury to 420 BTC as of the date of this release, valued at approximately $45 million, through a combination of mining operations and direct acquisitions.Neptune currently holds approximately 37,500 Solana (SOL), with ongoing staking strategies contributing to steady asset growth.Neptune's private-market investment in SpaceX is valued at approximately $20.9 million, based on existing market data as at the date of this news release. The Company's principal digital asset holdings consist of BTC, SOL, ATOM, and ETH, alongside smaller positions in DOT, DOGE, Sonic, and other digital assets.Gross revenues for the six months ended February 28, 2026, were $0.6 million, sourced from Bitcoin mining, staking, and other activities. The decline from prior year-end reflects non-cash valuation changes, while underlying assets and Bitcoin holdings continued to grow.Neptune maintains a US$25 million revolving line of credit with Sygnum Bank, with US$9.5 million drawn as at quarter-end.Neptune CEO Cale Moodie remarked, "Market volatility has impacted reported results over the past six months, but it has not changed our strategy. We continued accumulating Bitcoin and strengthening our balance sheet, while maintaining exposure to unique assets like SpaceX. Our focus remains on disciplined capital allocation and long-term compounding of shareholder value."Operating and Financial Overview
($CAD)
For the six months ended
February 28, 2026
February 28, 2025
Mining revenue
238,203
495,338
Staking revenue
398,111
530,805
Direct mining expenses (not incl. depreciation)
(268,768)
(500,442)
Other income*
-
382,622
Total earnings
367,546
908,323
Depreciation**
65,663
92,244
Stock based compensation**
884,160
-
General expenses
587,581
1,173,427
Finance costs
481,553
29,790
Deferred income taxes recovery
(2,235,321)
-
Recovery net of impairment
80,155
33,891
Realized gain on settlements and sales
472,295
88,930
Revaluation gain (loss) on digital currencies***
(30,090,905)
14,329,123
Unrealized gain (loss) related to equity investments*****
8,807,807
3,290,297
Comprehensive income (loss)
(20,146,738)
17,355,103
Financial Position
($CAD)
As at
February 28, 2026
August 31, 2025
Cash, prepaids, and receivables
709,459
978,178
Total digital assets
42,730,406
70,177,330
Total other assets
24,955,718
16,013,686
Total liabilities
15,741,889
15,520,772
Total shareholders' equity
52,653,694
71,648,422
Working capital****
7,944,186
(178,143)
* All non-Bitcoin mining and non-Staking revenue
** Non-cash items, including depreciation of mining rigs
*** Revaluation is calculated as the change in value (gain or loss) on digital currencies. When digital currencies are sold, the net difference between the proceeds received and the cost of the digital currencies determined on a First-in, First-out basis, is recorded as a gain (loss) on the sale of digital currencies
**** Current assets less current liabilities
***** Previously reported amount for the six months ended February 28, 2025, have been restated to reflect the correction of error for the remeasurement of fair value less an applicable discount for lack of marketability of the Company's investment in a private investment fund designed to acquire Solana tokens from a bankrupt estate.
About Neptune Digital Assets Corp.Neptune Digital Assets Corp. (TSXV: NDA) (OTC: 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 BOARDCale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.comNeither 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 StatementsThis 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 valuation of the Company's investment in SpaceX; the occurrence of a SpaceX IPO; 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/295007
Original: Neptune Releases Second Quarter 2026 Financial Results
CA Market News
4月前
Neptune Updates Shareholders in Connection with Announced SpaceX Acquisition of xAIFebruary 4, 2026 10:56 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 4, 2026) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQX: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain infrastructure and frontier technology company, is pleased to provide a corporate update following the announced acquisition of xAI by SpaceX.Neptune recently completed its strategic investment in xAI, acquiring 3,601 shares to obtain early exposure to the Grok LLM and the Colossus supercomputer cluster. Under the expected terms of the xAI acquisition by SpaceX, xAI shareholders are expected to receive 0.1433 SpaceX shares for every share of xAI held. This conversion would add approximately 516 additional shares to Neptune's previous holdings of SpaceX shares, bringing the Company's total anticipated position to approximately 32,640 SpaceX shares. Neptune's investments in xAI and SpaceX were completed through transactions with arm's length third-parties."The announced acquisition of xAI by SpaceX represents the emergence of a vertically integrated solution that brings together orbital launch capabilities with next-generation artificial intelligence," said Cale Moodie, Chief Executive Officer of Neptune Digital Assets. "The strategic potential of this combination spans future space-based compute infrastructure, global low-latency AI enabled by satellite networks, and powerful data and intelligence feedback loops. For Neptune shareholders, this transaction reinforces our long-term thesis around owning exposure to category-defining platforms and frontier technology at the intersection of AI, compute, blockchain, and space infrastructure."Neptune's portfolio reflects a concentrated and powerful exposure to blockchain and frontier technology:SpaceX Equity: Expected consolidated holdings of approximately 32,640+ following the proposed conversion.Bitcoin Treasury: 418 BTC.Staking Portfolio: 36,500 Solana (SOL) and positions in ATOM, ETH, and other staking tokens.The Company believes that the anticipated conversion of xAI shares into SpaceX equity is a milestone for potential liquidity and valuation, aligning with Neptune's strategy of identifying and holding category-defining assets at the intersection of AI, space, and blockchain.For more information on Neptune Digital Assets, please visit: www.neptunedigitalassets.com.About Neptune Digital Assets Corp.Neptune Digital Assets Corp. (TSXV: NDA) (OTCQX: 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 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 BOARDCale Moodie, President and CEO
Neptune Digital Assets Corp.
1-800-545-0941
www.neptunedigitalassets.comNeither 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 StatementsThis 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 execution of the Company's proposed investment in xAI; statements regarding the acquisition of xAI by SpaceX; the expected share conversion ratio and anticipated effects; completion of the proposed acquisition of xAI by SpaceX and liquidity for Neptune's consolidated holdings following a SpaceX IPO; 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/282684
Original: Neptune Updates Shareholders in Connection with Announced SpaceX Acquisition of xAI
CA Market News
4月前
Neptune Closes Strategic Investment in xAI and Releases First Quarter 2026 FinancialsJanuary 30, 2026 9:00 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - January 30, 2026) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQX: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a blockchain infrastructure and frontier technology company, today announced the release of its condensed consolidated interim financial statements and management discussion and analysis for the three months ended November 30, 2025. The Company also confirmed that it has completed its previously announced strategic investment in xAI, the artificial intelligence company behind the Grok platform.First Quarter 2026 Financial and Operational Highlights and for the subsequent period up to the date of this news release:Neptune ended the quarter with $74.6 million in total assets as at November 30, 2025, down compared to August 31, 2025, primarily due to declining digital asset prices.The Company has expanded its Bitcoin (BTC) treasury to 417 BTC, valued at approximately $50 million, through a combination of mining operations and direct acquisitions.Neptune currently holds approximately 36,500 Solana (SOL), with ongoing staking strategies contributing to steady asset growth.Neptune's private-market investment in 32,126 shares of SpaceX at the date of this news release and based on existing market data are valued at approximately $18.8 million. Neptune continues to evaluate acquiring additional SpaceX in light of 2026 IPO news.Neptune now holds 3,601 shares of xAI, please see below for closing details.The Company's principal digital asset holdings consist of BTC, SOL, ATOM, and ETH, alongside smaller positions in DOT, DOGE, S (formerly FTM), and other digital assets.Gross revenues for the quarter ended November 30, 2025, were $0.4 million, sourced from Bitcoin mining, staking, and other activities. The decline from $0.5 million in the same period of the previous year reflects the reduced market value of BTC and Altcoins.Neptune maintains a US$25.0 million revolving line of credit with Sygnum Bank, with US$8.5 million drawn as at quarter-end.xAI Strategic InvestmentNeptune has completed its strategic investment in xAI, a developer of advanced artificial intelligence systems, including the Grok large language model and the Colossus supercomputer cluster.The closing of this investment further positions Neptune as a publicly listed company offering diversified exposure to multiple frontier technology sectors, including digital assets, artificial intelligence, and space exploration."Successfully closing this investment in xAI represents an important milestone in Neptune's evolution," said Cale Moodie, Chief Executive Officer of Neptune. "This investment provides shareholders with exposure to a leading private artificial intelligence company, complementing our existing holdings in SpaceX and our core digital asset strategy."Under the terms of the transaction, Neptune deployed approximately US$300,000 to acquire an equity interest in xAI through an arm's length transaction. The investment aligns with the Company's disciplined approach to selective capital deployment into emerging technology leaders with long-term growth potential. Operating and Financial Overview
($CAD)
For the three months ended
November 30, 2025
November 30, 2024 Mining revenue
146,758
224,761
Staking revenue
243,997
227,642
Direct mining expenses (not incl. depreciation)
(152,614)
(245,757)
Other income*
-
179,336
Total earnings
238,141
385,982
Depreciation**
34,222
45,869
General expenses
485,896
510,695
Finance costs
217,956
-
Deferred income taxes recovery
(3,498,631)
-
Recovery net of impairment
58,627
-
Realized gain on settlements and sales
325,294
230,820
Revaluation gain (loss) on digital currencies***
(13,019,996)
22,914,730
Unrealized gain (loss) related to equity investments*****
(1,140,477)
3,027,916
Comprehensive income (loss)
(10,777,854)
26,002,884
Financial Position
($CAD)
As at
November 30, 2025
August 31, 2025 Cash, prepaids, and receivables
920,491
978,178
Total digital assets
58,934,837
70,177,330
Total other assets
14,789,049
16,013,686
Total liabilities
13,505,959
15,520,772
Total shareholders' equity
61,138,418
71,648,422
Working capital****
(2,084,839)
(178,143)
* All non-Bitcoin mining and non-Staking revenue ** Non-cash items, including depreciation of mining rigs *** Revaluation is calculated as the change in value (gain or loss) on digital currencies. When digital currencies are sold, the net difference between the proceeds received and the cost of the digital currencies determined on a First-in, First-out basis, is recorded as a gain (loss) on the sale of digital currencies **** Current assets less current liabilities ***** Previously reported amount for the three months ended November 30, 2024, have been restated to reflect the correction of error for the remeasurement of fair value less an applicable discount for lack of marketability of the Company’s investment in a private investment fund designed to acquire Solana tokens from a bankrupt estate. About Neptune Digital Assets Corp.Neptune Digital Assets Corp. (TSXV: NDA) (OTCQX: 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.comNeither 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 StatementsThis 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 valuation of the Company's investment in xAI; the occurrence of a SpaceX IPO; 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/282152
Original: Neptune Closes Strategic Investment in xAI and Releases First Quarter 2026 Financials