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Neptune Reports Record Year with Comprehensive Net Income of $22.8 Million and Releases Its Annual Audited Consolidated Financial Statements
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Neptune Digital Assets Corp. ...
About this update from Neptune Digital Assets Corp
[{"type":"text","content":"Neptune Reports Record Year with Comprehensive Net Income of $22.8 Million and Releases Its Annual Audited Consolidated Financial StatementsVancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQX: NPPTF) (FSE: 1NW) (\"Neptune\" or the \"Company\"), a blockchain and frontier technology company, is pleased to announce the release of its audited consolidated financial statements and management discussion and analysis for the year ended August 31, 2025.Financial highlights pertaining to the year ended August 31, 2025 and for the subsequent period up to the date of this news release:Total Assets Grew to $87.2 MillionAs at August 31, 2025, total assets increased 75% from August 31, 2024, driven mainly by an increase in the quantity and market value of digital currency holdings, which grew from $31.3 million to $70.2 million.Bitcoin Holdings Continue to GrowNeptune's Bitcoin (BTC) treasury, as of the date of this release, totals approximately 416 BTC, valued at roughly $50 million, with an average cost of approximately US$34,250 per BTC. The Company continues to expand its Bitcoin holdings through mining, staking conversions, and direct acquisitions, supporting a long-term accumulation strategy.Adding to Strategic Investments - SpaceX and xAINeptune continues to expand its exposure to frontier industries beyond blockchain, such as acquiring additional ownership of SpaceX and establishing a new position in xAI. The Company's 32,126 shares of SpaceX at the date of this new release and based on available market data and credible purchase offers are valued at approximately $18.8 million. Neptune continues to evaluate acquiring additional SpaceX and xAI shares and other exclusive frontier tech private companies based on pricing, terms, and underlying fundamentals.Solana Position ExpandedCurrent holdings total 36,300 Solana (SOL), up from an initial 26,964 SOL, with an average cost of approximately US$64. Staking strategies and partnerships have supported sustained growth and value capture. Revenue UpdateGross revenues for the year ended August 31, 2025, reached $2.2 million, derived from Bitcoin mining, staking, DeFi, and other activities. The decrease from $3.1 million in the prior year reflects the impact of post halving mining revenue reductions and weaker altcoin price performa...