Mr. Cale Moodie reports

NEPTUNE EXPANDS BITCOIN TREASURY BY 20 BTC

Neptune Digital Assets Corp. has acquired 20 bitcoin (BTC) at an average price of $99,833 (U.S.) per BTC.

The company purchased the BTC between Jan. 26 and Feb. 3, 2025, for approximately $2-million bringing Neptune's total BTC holdings to 376. This acquisition reinforces Neptune's long-term commitment to bitcoin as a cornerstone asset.

Neptune is also expanding its crypto exposure beyond bitcoin. The company acquired one million dogecoin (DOGE) tokens through a strategic derivative purchase on Dec. 27, 2024, at an average price of 37 U.S. cents per DOGE.

"As stated in previous news releases, Neptune will be acquiring additional assets, leveraging our enhanced purchasing power through the Sygnum credit line. With a strong focus on BTC, these initial acquisitions show Neptune's commitment to its growth strategy while meticulously managing leverage risk and debt levels," stated Cale Moodie, Neptune's chief executive officer.

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 us to continually explore new opportunities and maximize value for its shareholders.

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