Neptune Increases Credit Line with Sygnum Bank to US$25 (CDN$36) Million
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Neptune Digital Assets Corp. has increased its credit line with Sygnum Bank to US$25 million. The funds will be used to expand and purchase Bitcoin and other crypto-related assets, as well as support strategic investments.
January 27, 2025 | 12:45 pm
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Neptune Digital Assets Corp. has increased its credit line with Sygnum Bank to US$25 million, which will be used to expand and purchase Bitcoin and other crypto-related assets.
The increase in credit line provides Neptune with additional capital to invest in Bitcoin and other crypto assets, potentially enhancing its asset base and growth prospects. This strategic move is likely to positively impact the company's stock price in the short term.
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