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
418 BTC
180d
Stock Price
0.98 CAD
180d
Total financing
11.75M CAD
180d
mNAV
3.06x
180d
Leverage
27.8%
180d
BTC Credit
11 bps3.6x
Sats/Share
327
180d
Mkt cap
125.44M CAD
Shares
128.00M
Fiat reserve
350.00K CAD
Total reserve
41.36M CAD
Dilution
0.0%
Analytics
BTC Coverage
Financials
IFRSQuarterlyAs of 2025-11-30
Balance Sheet
Total AssetsC$74.6M▼9.3%
Total LiabilitiesC$13.5M▲71.2%
Stockholders' EquityC$61.1M▼17.7%
Cash & EquivalentsC$920.5K▼34.9%
Total Debt—
Digital AssetsC$58.9M▼9.1%
Income Statement
RevenueC$390.8K▲0.3%
Operating Income—
Net IncomeC$-10.8M▼250.7%
Interest ExpenseC$218K
Cash Flow
Operating Cash Flow—
Instruments
NDA-CF
Jan '25 – …
Outstanding
8.50M USD
BTC Rating
3.6x
Total
11.75M CAD
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| NDA-CF | Jan '25 – … | — | 25.00M USD | 8.50M USD | 3.6x |
| Total | 11.75M CAD | ||||
Recent Changes
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%)
BTC Holdings Tracker
Sun, Nov 30, 2025
Shares Outstanding
127.0M→128.0M+1.0M(+0.8%)
Q1 FY2026 Financial Results (Nov 30, 2025)
Debt OutstandingRepaymentNDA-CF
8.8M→8.5M-300.0K(-3.4%)
Q1 FY2026 Financial Results (Nov 30, 2025)
Fiat Reserve
510.0K→350.0K-160.0K(-31.4%)CAD
Q1 FY2026 Financial Results (Nov 30, 2025)