- Neptune now holds 401 Bitcoin, secured at a low average price of $31,564, positioning it as a cost-efficient leader among Canadian blockchain companies.
- Through disciplined buying, mining, staking, and DeFi investments, Neptune has managed to outperform other corporate treasuries amid market volatility.
- With Bitcoin trading above $70,000 and institutional interest rising, Neptune’s low-cost position and strategic expansion set it up for major future gains.
Neptune Digital Assets Corp. has added 401 new Bitcoin (BTC) for a total holding of 401 BTC at the close of business on April 10, to leave it in pole position as Canada’s leading blockchain business.
Neptune Secures Bitcoin at Half the 2024 Market Average
According to Neptune, it has bought Bitcoin at an average price of $31,564, far under the 2024 market average of $65,901 and compared to the average at which it is purchased by large institutional buyers like Strategy (formerly known as MicroStrategy) at $67,458.
This is the latest accretion on Neptune’s previous purchases accumulated from late December 2024 to early February 2025, in which it bought 20 Bitcoin and 1 million Dogecoin. These transactions saw Neptune grow its BTC treasury from 376 to 401 BTC, showing a cost-efficiency based strategy as well as a strategy of opportunistic market entry.
“We believe in Bitcoin’s long-term value and its role as the cornerstone of the digital asset economy. Our growing treasury reflects our confidence in Bitcoin’s future and Neptune’s disciplined approach to strategic asset allocation,” said Moodie.
Neptune Outperforms Amid Crypto Market Volatility
Neptune’s larger strategy incorporates both dollar cost averaging and opportunistic buys, along with (concatenation) diversified revenue, including mining, interest yielding derivatives, and turning staking rewards into Bitcoin. A multi pronged approach has allowed the company to outperform a number of corporate treasuries on a cost basis despite the continuing challenging crypto-friendly market volatility.
Neptune was created as one of Canada’s very first publicly traded blockchain companies that spanned a variety of crypto economy features such as proof of work, proof of stake mining, DeFi investments, and blockchain infrastructure development. “We will continue to optimize our management of treasury, focusing on new value involving the digital asset sector,” the company said.
However, this announcement is made as corporate BTC treasuries are again under scrutiny, with some facing pressure for high acquisition costs during BTC 2024 bullish run. Neptune’s disciplined acquisition strategy contrasts with this, enabling it to acquire a respectable BTC reserve at a much lower average price than almost everyone else.
Neptune will have room to expand its treasury thoughtfully. Moodie said Neptune will continue to focus on risk-adjusted returns and sustainable growth. He said that we will continue to closely scrutinize strategic opportunities to enrich long-term shareholder value while protecting Bitcoin’s central role in our broader digital asset portfolio.
Analysts Highlight Neptune’s Competitive Advantage
As BTC traded above $70,000 in early April, the Neptune strategy looks to be working and putting them in a good position to make huge gains in unrealized gains. Neptune has the necessary strength and is in such a low-cost position that it can help it thrive in becoming a part of an increasingly more competitive DAPIs space, analysts observe.
That institutional and retail interest in Bitcoin and other cryptocurrencies remains strong heading into mid-2025 and that Neptune’s continued expansion shows just how important even public companies focused on blockchain-related business will be in determining digital finance’s future.
