According to Norwegian mining company Green Minerals, the company announced the adoption of a bitcoin treasury strategy as part of its overall blockchain strategy. The company plans to co-finance up to $1.20 billion with partners to build its bitcoin reserves.
Ståle Rodahl, executive chairperson of Green Mining, said bitcoin's decentralized, non-inflationary nature makes it an attractive alternative to traditional fiat currencies in the current era of massive monetary expansion. The strategy will help companies hedge against fiat currency risk and provide a strong hedge against currency depreciation.
In addition, Green Mining plans to adopt blockchain technology throughout the value chain to ensure supply chain transparency, mineral origin certification, and operational efficiency. The company will introduce Bitcoin per share (BTC/share) as a Key Performance Indicator and plans to receive the first batch of Bitcoin in the coming days.
Norwegian mining firm Green Minerals plans to co-finance $1.20 billion with partners, has built bitcoin reserves
2025-06-23 07:05:01
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