Neptune Digital Assets Corp. Announced the purchase of 1 million DOGE tokens, approximately 270,000 USD, enhancing their leverage management strategy. CEO Cale Moodie highlighted the importance of these acquisitions amid a strong focus on Bitcoin.
The interest in DOGE is increasing, especially from institutional investors, with firms like Bitwise and Osprey Funds seeking to launch Dogecoin ETFs. As of now, DOGE is trading at around 0.27 USD, with a market cap exceeding 40 billion USD.