Canadian firm Neptune Digital Assets has purchased 1 million Dogecoin for $258,000 as part of its strategy to expand its crypto holdings. The publicly traded company, listed on the Toronto Stock Exchange, has also acquired nearly $2 million in Bitcoin, bringing its total BTC holdings to 327 BTC, worth $32 million. The move aligns with firms like MicroStrategy, which are adding cryptocurrencies to their balance sheets. Other Canadian firms, including Spirit Blockchain and BC Bud Corporation, have also diversified into Dogecoin, XRP, and Solana as interest in altcoins rises.
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