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Seeking Alpha 2021-04-28 11:46:50

Neptune Digital Assets commences bitcoin mining operations

Neptune Digital Assets (NPPTF) announced that its 300 Bitmain S17 Bitcoin mining machines are now being installed within Link Global Technologies' hosting facilities and will be generating a total hash rate of 15,512 Th/s.Currently, Neptune is generating ~$400K per month in staking earnings; balance sheet now has $53M in cash and digital assets.Neptune and Link Global (LGLOF) have selected two potential sites for Pure Digital Power (50% owned by Neptune) to build out it's renewable powered Bitcoin mining facility.Pure Digital Power has signed a non-binding LOI for up to 20 MW of solar power at fixed rate pricing.The company granted stock options to certain directors, officers and employees to purchase 4.2M shares at an exercise price of $1.03/share; stock options are exercisable for 10 years from the date of grant.

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