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Neptune Digital Assets Buys 1 Million Dogecoin to Boost Crypto Reserves

Zafar Naik5 Feb 20251 min read

Canadian firm Neptune Digital Assets has purchased 1 million Dogecoin for $258,000 as part of its strategy to expand its crypto holdings. The publicly traded company, listed on the Toronto Stock Exchange, has also acquired nearly $2 million in Bitcoin, bringing its total BTC holdings to 327 BTC, worth $32 million. The move aligns with firms like MicroStrategy, which are adding cryptocurrencies to their balance sheets. Other Canadian firms, including Spirit Blockchain and BC Bud Corporation, have also diversified into Dogecoin, XRP, and Solana as interest in altcoins rises.

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Zafar Naik
Zafar Naik

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Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

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