Canadian Blockchain Firm Neptune Digital Assets Announces Purchase of 1 million DOGE

On February 4th, Neptune Digital Assets, a Canadian-listed blockchain company, announced that it will purchase 1 million DOGEs through derivatives at an average price of $0.37 in December 2024, with a total value of about $270,000. CEO Cale Moodie said that the company will continue to increase its holdings of digital assets through the Sygnum credit line.
It is worth noting that this is the second listed company to acquire Dogecoin after Spirit Blockchain. At the same time, several institutions such as Bitwise are applying for a spot Dogecoin ETF.