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  5. NDA: your comments on nda please thank you [Neptune Digital Assets Corp.]
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Investment Q&A

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Q: your comments on nda please
thank you
Asked by howard on October 31, 2024
5i Research Answer:

NDA is a very small crypto mining and staking. It has tiny revenues and is burning cash. The only news that we see is the company provided a positive corporate update on October 25th. It holds 364 BTC and has done well in staking Solana. We also see mention that it has acquired shares in SpaceX. It has done extremely well recently but this can be attributed to the strength in the crypto markets. Due to its small size and volatile sector we would exercise caution here.