Norwegian company Green Minerals AS has announced its plans to create a Bitcoin treasury and invest $1.2 billion in the cryptocurrency.
Green Minerals AS Plans for Bitcoin Treasury
Green Minerals AS, operating in the deep-sea mining sector, has announced its intention to create a Bitcoin treasury and allocate $1.2 billion for the purchase of the cryptocurrency in the long term. Executive Chair Ståle Rodahl described Bitcoin as an "attractive alternative to traditional fiat currencies" and expects that the inclusion of Bitcoin in the company's balance sheet will help mitigate risks associated with fiat currencies. The company plans to purchase its first Bitcoin in the coming days.
Corporate Bitcoin Strategy in 2025
In 2025, there is a rapid acceleration of Bitcoin adoption among corporations. Over 90 public companies globally now hold Bitcoin on their balance sheets. Strategy Inc. (formerly MicroStrategy) leads with over 553,555 BTC. The improved regulatory environment supports a higher level of corporate embrace of cryptocurrency. Clear accounting rules and advances in cryptocurrency regulation in the U.S. promote CFO confidence in managing Bitcoin financial reporting.
Cryptocurrency Regulatory Environment in Norway
Norway features a complex regulatory landscape for cryptocurrency operations. The country maintains limited regulations surrounding cryptocurrencies, and the government recently announced a temporary ban on new cryptocurrency mining operations starting in autumn 2025 in an effort to limit energy consumption related to cryptomining. Additionally, Norway plans to implement MiCA regulation, creating a structured framework for crypto asset regulation.
Green Minerals AS's Bitcoin treasury strategy reflects broader trends in corporate cryptocurrency adoption, which may foster greater institutional support for Bitcoin as a financial instrument.
