Crypto and blockchain stock ends year with a profit | 2024-12-20 | Investing News

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  • Neptune Digital Assets (TSXV:NDA), a crypto and blockchain infrastructure stock, posted a net income profit of C$17.1 million in fiscal 2024, ended August 31, driven by Bitcoin’s recent resurgence
  • The figure is up from a net loss of C$3.4 million year-over-year and includes four profitable quarters in a row
  • Neptune Digital Assets is a cryptocurrency and blockchain infrastructure company focused on Bitcoin mining, proof-of-stake mining, blockchain nodes and decentralized finance
  • Neptune Digital stock has added 157.89 per cent year-over-year

Neptune Digital Assets (TSXV:NDA), a crypto and blockchain infrastructure stock, posted a net income profit of C$17.1 million in fiscal 2024, ended August 31, driven by Bitcoin’s recent resurgence.

Assets reached C$50.7 million – with no debt – an increase of 54 per cent year-over-year (YoY).

Net income was C$17.1 million, up from a…

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