Norway Mining Firm Green Minerals Plans $1.2 Billion
$BTC Treasury Strategy
Green Minerals has announced plans to raise $1.2 billion for a
$BTC treasury as part of its broader blockchain adoption.
The Norwegian deep-sea mining company aims to purchase its first
$BTC within the next few days.
Executive chair Ståle Rodahl called
$BTC an attractive alternative to traditional fiat currencies for mitigating currency risks.
The company plans to track
$BTC value per share through a new key performance indicator.
Green Minerals also intends to implement #blockchain technology for supply chain transparency and operational efficiency.
The company’s stock price surged 300% on Monday's announcement but fell 34% the following day to 44 euro cents.
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