Neptune Digital Assets Corp. (TSXV: NDA) has released a treasury update highlighting a significant expansion of its freely tradable SpaceX share position and the results of an active derivative income strategy. The Vancouver-based blockchain infrastructure company now holds approximately 112,000 free-trading SpaceX shares, up from the initial 29,879 shares announced in August 2026, as lock-up restrictions expire following SpaceX's initial public offering. Investors may be watching how Neptune continues to monetise its frontier equity holdings alongside its substantial digital asset reserves.

Key Points

  • Neptune Digital Assets Corp. (TSXV: NDA | OTCQB: NPPTF | FSE: 1NW)
  • Free-trading SpaceX share position has grown to approximately 112,000 shares, up from an initial 29,879 shares announced in August 2026
  • Covered call options strategy has generated approximately C$320,000 in premiums since August 2026; options cover approximately 60,000 SpaceX shares at average strike prices of US$206
  • Investors may monitor how Neptune deploys SpaceX liquidity alongside its holdings of approximately 427 Bitcoin and 37,900 Solana

SpaceX Share Position Expands as Lock-Up Restrictions Expire

Neptune's SpaceX holding has grown materially since the company first disclosed the position in August 2026. Following the SpaceX initial public offering, Neptune has continued to receive additional freely tradable shares as lock-up periods expire. The approximately 112,000 free-trading shares now on hand represent a significant increase from the initial 29,879 disclosed earlier in the year. The release states this expanded position provides greater flexibility in managing its frontier technology assets, with President and CEO Cale Moodie describing SpaceX as a "highly liquid, institutional-grade balance sheet asset."

Covered Call Strategy Delivers C$320,000 in Premium Income for Neptune

Alongside growing its SpaceX position, Neptune has implemented a covered call options strategy on a portion of those holdings. Since August 2026, the strategy has generated approximately C$320,000 in option premiums, according to the announcement. Options currently cover approximately 60,000 SpaceX shares with average strike prices of US$206. The company states the approach allows it to generate cash flow from existing equity while retaining upside exposure on shares not subject to covered calls, supporting operations and potential growth initiatives without resorting to dilutive equity financings.

Bitcoin and Solana Reserves Anchor Neptune's Digital Asset Treasury

In parallel with its frontier equity strategy, Neptune continues to hold significant digital asset reserves. The disclosure confirms holdings of approximately 427 Bitcoin and 37,900 Solana, representing exposure to two of the largest cryptocurrency networks by market capitalisation. The company describes its model as maintaining disciplined dual exposure to liquid digital assets and premier frontier technologies. The release states Neptune remains committed to utilising debt and cash generation strategies to minimise shareholder dilution while preserving flexibility for new investment opportunities. The immediate share price impact was not clear from available public information.