A Canadian cryptocurrency company listed on the stock market purchased more than $ 250,000 MastiffJoining a growing list of companies that have loaded their balance sheets with leading cryptocurrencies in recent months.
Neptune’s digital active ingredients – A company focused on the amazing and marking of cryptographic assets – included 1 million Doge, worth nearly $ 258,000 at the time of the December 27, the company said Tuesday in a press release. On the date of purchase, this statement would have been estimated at more than $ 300,000.
Its purchase occurs while some companies are starting to imitate Leading corporate bitcoin buyer microstrateBut with a key – fill their reserves not only with bitcoin, but with more volatile cryptocurrencies in the middle of a Altcoin market increasing.
The company based in Vancouver said in a press release that it had bought 1 million Dogecoin thanks to a strategic derivative purchase at an average price of $ 0.37 per token.
The company’s shares, listed on the Toronto Stock Exchange as part of the NPPTF Ticker, are negotiated at $ 1.55 in writing time. The company’s shares increased by 110% against $ 0.72 in the last month.
Dogecoin is negotiated at $ 0.26 during the editorial staff, down 30% in last month, Coingecko data shows. However, the token hit a Price of three years of $ 0.48 In early December, a few weeks before Neptune, digital assets broke the assets.
Meanwhile, Neptune’s digital assets have also exceeded its chests with almost $ 2 million in Bitcoin Between January 26 and February 3. The purchase brings the company’s bitcoin holdings to 327 BTC, worth around 32 million dollars from writing time, Coingecko data shows.
Neptune Digital Assets is one of the many companies listed on the stock market Imitation of the microstrategy game book In recent months. Companies flow funds in Bitcoin and other cryptocurrencies in order to obtain higher yields on their investments.
Canadian investment company Spirit Blockchain began to hold Dogecoin as a Treasury reserve ratio last year. At the beginning of last month, the company unveiled its plans Win the yield on its Doge tokens.
But companies seem even more beyond Bitcoin. For example, BC Bud Corporation, based in Vancouver, diversified its treasure with $ 250,000 Purchase XRP at the end of last year. Several weeks later, Sol Global Investments took 12,828 Solara chips, according to on the company’s website.
Edited by Andrew Hayward
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