Panther Metals Surges 21% on $5.4 Million
$BTC Treasury Strategy
U.K.-listed mineral exploration company Panther Metals has announced plans to buy 4 million British pounds worth of
$BTC for its treasury strategy.
The firm will use $1.75 million worth of
$BTC as collateral to acquire the Pick Lake mining deposit in Ontario, Canada.
Panther Metals aims to #leverage
$BTC as "productive capital" rather than passive holdings.
CEO Darren Hazelwood said the hybrid approach reduces shareholder dilution while funding high-quality mineral projects.
Pick Lake hosts 85% of the total mineral resources in the larger Winston Project, with zinc, copper, and precious metals.
Panther shares (PALM) jumped 21% on the London Stock Exchange following the announcement.
The stock has surged 125% over the past month and 55% in the past week, according to market data.
Physical commodity inventory will continue growing alongside the expanding
$BTC treasury strategy.
The approach blends stability of physical resources with flexibility of digital capital for market cycle resilience.
