Canadian crypto provider Neptune Digital Assets Corp. experienced a 40% surge in its shares after securing a $20 million credit facility from Sygnum Bank. The loan, backed by Neptune's Bitcoin holdings, will be used to expand its Bitcoin stash, acquire other crypto-related assets, and make strategic investments. Sygnum Bank expressed confidence in Neptune's plans and its shares rose to a record high of $1.15. This move follows other public companies rushing to buy Bitcoin under the administration of President Joe Biden.



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