PANews reported on June 26 that Canadian Bitcoin reserve company Neptune Digital Assets Corp. (TSXV: NDA) released the latest company progress, announcing that it continues to increase its Bitcoin holdings through automated fixed investment and Bitcoin mining, and currently holds a total of 404 Bitcoins. The company has also strengthened Solana pledge, 33,312 Solanas have been pledged, and it has obtained an annualized return of up to 50-100% by selling Solana options, which will be further used to purchase Bitcoin or company operations. Neptune said that it will continue to rely on diversified strategies to expand its Bitcoin reserves in the future and use existing credit lines to enhance financial flexibility.

Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors. Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more

