153058843 - 1_c082jz83 - PID 1851201
    
    
      
    
  

  
    
        Hi, I'm Ted Dixon with the
INK Morning Report
        preview for June 1st,
        "Neptune Digital grabs top
spot
        in the INK crypto
rankings."
        In our Top Mining & Crypto
Report on Monday,
        we released the rankings
of
        our top 25 crypto-related
equities.
        Neptune Digital Assets
grabbed
        the number one spot.
        Neptune focuses on
        capitalizing on both
proof-of-work,
        which typically involves
mining,
        and proof-of-stake,
        or staking, opportunities
        across different
blockchains.
        Typically, either mining
or staking
        is used by a blockchain to
secure
        its network and those who
provide
        those services earn
        rewards for their efforts.
        On the mining front, on
        May 26th Neptune announced
it had struck
        a management agreement
with
        Luxor Technology which
will help
        source bitcoin mining rigs
        and hosting in the United
States.
        Neptune expects this will
        be an efficient way to
        build out its mining
capacity
        in an environmentally
friendly manner.
        Meanwhile, the company is
        continuing with its
staking business.
        The Cosmos ATOM is one
        of Neptune's key staked
holdings.
        It holds 139,800 ATOM
        worth about $2.3 million
        at current market prices.
        While yields can vary,
        ATOM staking rewards
        currently yield about 10%.
        The company managed to
time
        its latest capital raise
almost perfectly,
        announcing a $40 million
deal on April 14th,
        the same day Coinbase went
public.
        The timing has left
Neptune in
        an enviable spot of being
able
        to deploy the raised
capital
        during a period of
cryptocurrency weakness,
        offering the potential of
better rates on
        mining equipment and
expected
        returns on
        cryptocurrency staking
investments.
        Meanwhile, insiders are
showing
        confidence in the
company's business plan.
        Despite the current stormy
weather
        in the crypto markets,
        this stock has a sunny INK
Edge outlook.
        Now, this is not
        a recommendation to buy or
sell
        securities and I am
        not a licensed financial
advisor.
        So, please do your own due
diligence.
        For the full report,
        please visit
INKResearch.com or
        CanadianInsider.com where
you can get
        it via the Canadian
Insider Ultra Club.
        That is where you can also
find a copy of
        our latest Top 20
        Mining and Crypto stock
report.
        Well, thanks for stopping
by and
        click on the notify button
under this video
        on INK Ultra Money to be
notified
        when we have our next
preview available.