Green Minerals AS, a pioneer in deep-sea mining, has announced the adoption of a Bitcoin Treasury strategy as a first step in its blockchain strategy.
What Does the Bitcoin Treasury Strategy Mean?
The company aims to reduce its dependence on traditional fiat assets by adopting a Bitcoin Treasury strategy. In light of high inflation and geopolitical uncertainties, Green Minerals sees Bitcoin as a powerful alternative to traditional currencies.
How Will It Affect the Company’s Financial Model?
Bitcoin is set to become the core asset in a financing plan of up to $1.2 billion. This initiative includes the introduction of the first HEDSM (Hedge-Enabled Digital Strategy Model) through the 'Responsible Production Partnership'. A new performance indicator, 'Bitcoin per share (BTC/share),' will also be implemented.
The Future of Green Minerals and Blockchain Implementation
Green Minerals plans to leverage blockchain technology for enhancing supply chain transparency, certifying mineral origins, and improving operational efficiency. The company aims to make its first Bitcoin purchase in the coming days and has pledged to maintain transparency at every stage.
The adoption of the Bitcoin Treasury strategy strengthens Green Minerals’ leadership in sustainable mining while paving the way for new financial and technological solutions in the sector.
