Green Minerals AS, a Norwegian mineral mining company, today announced its Bitcoin Treasury Strategy aimed at diversifying its treasury amidst inflation and geopolitical risks. This strategic shift involves integrating Bitcoin into its balance sheet, reducing reliance on traditional fiat currencies. The company plans to finance up to $1.2 billion in collaboration with partners, underscoring its commitment to financial innovation. Furthermore, the initiative will support its upcoming High-Efficiency Deep Sea Mining program, and the company recognizes blockchain's potential in enhancing supply chain transparency and operational efficiency.
"In this era of significant monetary expansion, maintaining a strong balance sheet is more critical than ever," said the Executive Chairman of Green Minerals Ståle Rodahl. "Bitcoin's decentralized, non-inflationary properties make it an attractive alternative to traditional fiat."
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