Mr. Cale Moodie reports

NEPTUNE ANNOUNCES MONETIZATION OF ITS IONIC DIGITAL HOLDINGS

Neptune Digital Assets Corp. has partially monetized its holdings in Ionic Digital Inc. (Nasdaq: IOND) as part of its continuing treasury optimization.

Neptune received 6,920 common shares of Ionic Digital Inc., a digital infrastructure company focused on artificial intelligence infrastructure and high performance computing, as a distribution from the Celsius Network bankruptcy proceedings. The company has since sold 3,900 shares for gross proceeds of approximately $234,000 (U.S.), retaining 3,020 shares.

Cale Moodie, Neptune's chief executive officer, commented: "These shares arrived with no acquisition cost, making the sale pure upside. We will continue to actively manage the remaining position and the rest of our treasury to maximize flexibility and long-term net asset value per share."

Proceeds will be deployed in accordance with the company's capital allocation strategy across digital assets, staking operations and selective strategic investments. Neptune remains focused on maintaining a strong balance sheet while generating recurring staking income and pursuing high-conviction opportunities in digital assets and frontier technologies.

About Neptune Digital Assets Corp.

Neptune Digital Assets 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. The company's unwavering commitment to innovation and strategic growth enables the company to continually explore new opportunities and maximize value for its shareholders.

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