Norwegian Mineral Mining Firm Eyes $1.2 Billion Raise for Bitcoin Treasury | Crypto Craft

  • Norwegian Mineral Mining Firm Eyes $1.2 Billion Raise for Bitcoin Treasury

    From decrypt.co

    Norway’s Green Minerals, will—along “with its partners”—invest up to $1.2 billion to establish a Bitcoin treasury, the Euronext Growth Oslo-traded company announced Tuesday. In a statement, Green Minerals, which mines deep sea minerals, said it aims to acquire its first Bitcoin over the "next few days," as it pursues a wider strategy to invest more in blockchain integrations. "Bitcoin’s decentralized, non-inflationary properties make it an attractive alternative to traditional fiat,” said Green Minerals Executive Chairman Ståle Rodahl, in a statement. “By integrating a Bitcoin treasury strategy, we ... (full story)

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