Norway’s Green Minerals Bets Big: $1.2B Bitcoin Buy as Fiat Hedge

Norway’s Green Minerals just made a power move—allocating $1.2 billion to Bitcoin as a shield against fiat volatility. Here’s why it matters.

The Play: Bitcoin Over Paper

While central banks print, corporations stack. Green Minerals joins the ranks of institutions swapping shaky sovereign money for hard-capped crypto.

The Irony: ‘Green’ Goes Digital Gold

A sustainability-focused firm hedging with Bitcoin? The energy FUD’s officially outdated—even ESG players now see proof-of-work as a lesser evil than inflation.

The Bottom Line

Another $1B+ domino falls. TradFi’s ‘too risky’ narrative? Crumbling faster than the purchasing power of their 2% yield bonds.

Executive stance: Bitcoin as a balance-sheet hedge

According to its official statement, the Bitcoin purchase was the first step in a long-term treasury strategy aimed at hedging against fiat devaluation, inflation, and geopolitical uncertainty.

Remarking on the same, Executive Chairman of Green Minerals, Ståle Rodahl, said,

“Bitcoin’s decentralized, non-inflationary properties make it an attractive alternative to traditional fiat. By integrating a Bitcoin Treasury Strategy, we are not only mitigating fiat risks but also reaffirming our commitment to financial innovation and the sustainable creation of long-term value.”

Is Green Minerals following Strategy?

Green Minerals’ broader plan appears to mirror the bold strategy of Strategy (formerly MicroStrategy), which famously began accumulating Bitcoin in 2020 and now holds over $63 billion worth.

MicroStrategy’s aggressive crypto pivot has seen its stock surge more than 3,000% since 2020, coinciding with Bitcoin’s meteoric rise past $110,000.

According to Standard Chartered, 61 publicly listed firms with no Core crypto focus have adopted similar treasury strategies, reinforcing Bitcoin’s emerging role as a hedge against traditional financial risks.

Market reaction stays modest—for now

The move has already had a noticeable effect on investor sentiment, with the company’s stock seeing a 0.68% uptick, trading at 0.45 EUR according to Google Finance.

In fact, seeing the rise in Bitcoin adoption, even JPMorgan, once a vocal critic of digital currencies, is beginning to warm up to the space.

CEO Jamie Dimon recently disclosed plans to allow clients access to Bitcoin investments, signaling a broader shift in Wall Street’s approach to crypto.