Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
The Norwegian mining company for the deep sea Green Minerals said she was planning to start buying on Monday Bitcoin As part of a wider pressure into the blockchain to increase up to $ 1.2 to expand their bitcoin reserves.
This step reflects the growing company interest to use bitcoins as a hedge against inflation and monetary instability.
In a declarationThe Norwegian company said it has accepted the Bitcoin strategy of a treasury strategy that diversified Fiat currencies and strengthened its balance sheet.
Green minerals Touts Bitcoin as a hedge against currency
Executive chairman Ståle Rodahl described this approach as a natural adaptation of business with long -term capital needs and outlook.
The non -inflationary nature of the Bitcoins, said, offered protection against the devotion of the currency at the time of “significant monetary expansion”.
Green Minerals plans to get its first bitcoins in the coming days and will cooperate with industrial specialists in the development of transparent and secure framework for sharing shares.
The company will also introduce a new metric, bitcoins per share or BTC/shares to give shareholders a clear view of digital asset related to their own capital.
The company says Bitcoin will strengthen access to capital without moving his mission
Green minerals said that strategies complement its basic operations rather than replaced. The purpose of bitcoin reserves is to help finance extensive needs and development of projects over time.
The company also sees blockchain as a tool for improving transparency in mineral sources, integrity of the supply chain and compliance with regulations, key areas where Norwegian mining companies are growing.
This financial pressure will be part of a wider capital program that has been launched within its partnership for responsible production, which considers digital assets an integral part of its growth model. The company believes that bitcoins can serve as a treasury asset as a lever for more efficient access to capital markets.
Green minerals are joined into the trend of these companies using bitcoins for growth
Green Minerals joins the growing number of publicly traded companies that accept bitcoins as a reserve asset. According to the standard chartered, More than 60 non -crypt companies have added bitcoins to their balance sheets in recent years, along the way laid Microsthega. The aggressive strategy of the accumulation of bitcoins of this company, which started in 2020, helped send the stock price by more than 3,000%.
For companies like Green Minerals, Bitcoin’s expositions offer something that individual investors cannot be easily replicated. Public companies can often increase capital through convertible debt markets, allowing them to get larger positions in bitcoins on a scale. This ability associated with their shares, which are often traded with a premium to basic crypto assets, makes the adoption of companies as a strong financial game.
Contribution Norwegian mining company Green Minerals Plans 1.2b Increase in the construction of a bitcoin reserve He appeared for the first time Cryptonews.
