Neptune Digital Assets Corp.
NDA🇨🇦Leveraged
Neptune Digital Assets is a Canadian blockchain infrastructure company focused on Bitcoin mining, staking, DeFi, and node operations. The company accumulates BTC through mining, dollar-cost averaging, staking-to-Bitcoin conversions, and derivative strategies, supplemented by a US$25M BTC-collateralized credit facility from Sygnum Bank.
BTC Holdings
421 BTC
180d
Stock PriceUpdated 11h ago
1.07 CAD▲ 1.90%
180d
Total financing
13.11M CAD
180d
mNAV
4.41x▲ 2.03%
180d
Leverage
29.9%
180d
BTC Risk
1.24%3.4x
Sats/Share
239
180d
Mkt capFD
188.28M CAD
SharesFD
175.97M
Fiat reserve
354.04K CAD
Total reserve
43.05M CAD
Dilution
37.2%
Analytics
BTC Coverage
FinancialsUnverified
IFRSQuarterlyAs of 2026-02-28
Balance Sheet
Total AssetsC$68.4M▼8.3%
Total LiabilitiesC$15.7M▲16.6%
Stockholders' EquityC$52.7M▼13.9%
Cash & EquivalentsC$175.1K▼81.0%
Total DebtC$13.2M
Digital AssetsC$42.7M▼27.5%
Income Statement
RevenueC$245.6K▼37.2%
Operating Income—
Net IncomeC$2.2M▲120.0%
Interest ExpenseC$263.6K▲20.9%
Cash Flow
Operating Cash Flow—
Instruments
NDA-CF
Jan '25 – …
Outstanding
9.50M USD
BTC Rating
3.4x
Total
13.11M CAD
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| NDA-CF | Jan '25 – … | — | 25.00M USD | 9.50M USD | 3.4x |
| Total | 13.11M CAD | ||||
Recent Changes
Thu, May 14, 2026
BTC Holdings
420→421+1 BTC(+0.2%)
Figure stated in CEO portfolio breakdown within Polymarket announcement PR; mechanism not disclosed.
Polymarket Equity Position (May 14, 2026)Mon, Apr 20, 2026
BTC Holdings
419→420+1 BTC(+0.2%)
PR phrased as "over 420 Bitcoin"; milestone announcement tied to 4/20 date
Neptune Digital Assets Reaches 420 Bitcoin Milestone on 4/20Sat, Feb 28, 2026
BTC Holdings
418→419+1 BTC(+0.2%)
283 BTC pledged as collateral against Sygnum Lombard credit facility (vs 107 at Aug 31, 2025).
Q2 FY2026 Condensed Consolidated Interim Financial Statements (three and six months ended Feb 28, 2026)Debt OutstandingDrawNDA-CF
8.5M→9.5M+1.0M(+11.8%)
Sygnum revolving line of credit drawn balance as at quarter-end (Feb 28, 2026); +US$1M vs prior US$8.5M at Nov 30, 2025.
Q2 FY2026 Financial Results (Feb 28, 2026)Wed, Feb 4, 2026
BTC Holdings
417→418+1 BTC(+0.2%)
Corporate Update (SpaceX/xAI acquisition, 418 BTC treasury)
Fri, Jan 30, 2026
BTC Holdings
410→417+7 BTC(+1.7%)
Q1 FY2026 Financial Results (Nov 30, 2025)