Norwegian Mining Firm Green Minerals Unveils $1.2 Billion Bitcoin Treasury Plan as Hedge Against Fiat Risks
In a bold move signaling growing institutional adoption of Bitcoin, Green Minerals, a deep-sea mineral mining company listed on Euronext Growth Oslo, has announced plans to establish a Bitcoin treasury with an investment of up to $1.2 billion. The company revealed its intention to acquire its first BTC imminently as part of a broader blockchain integration strategy. Executive Chairman Ståle Rodahl positioned this decision as a strategic hedge against fiat currency risks, emphasizing Bitcoin's decentralized and non-inflationary properties. This development, announced on August 19, 2025, represents one of the largest corporate Bitcoin treasury allocations by a non-crypto native company and could potentially influence other traditional firms to consider similar strategies. The $1.2 billion investment, representing a significant portion of the company's reserves, demonstrates strong conviction in Bitcoin's long-term value proposition as a store of wealth. Green Minerals' move comes amid increasing global recognition of Bitcoin's role in corporate treasury management, particularly among companies seeking to protect against currency devaluation and macroeconomic uncertainty. The mining firm's pivot towards Bitcoin treasury management while maintaining its core operations in deep-sea mineral extraction highlights the growing convergence between traditional industries and digital asset strategies.
Norwegian Mining Firm Green Minerals Announces $1.2 Billion Bitcoin Treasury Strategy
Green Minerals, a Euronext Growth Oslo-listed deep-sea mineral mining company, revealed plans to establish a bitcoin treasury with an investment of up to $1.2 billion. The firm intends to acquire its first BTC imminently as part of a broader blockchain integration strategy.
Executive Chairman Ståle Rodahl framed the MOVE as a hedge against fiat currency risks, praising Bitcoin's decentralized and non-inflationary characteristics. "This reaffirms our commitment to financial innovation and sustainable value creation," Rodahl stated in the announcement.
The news triggered a sharp decline in the company's stock price on Tuesday, reflecting market uncertainty about the strategic pivot. Green Minerals maintains its Core mining operations will continue unaffected, positioning the Bitcoin treasury as complementary to existing projects.
Bitcoin Price Rebounds to $106K After Sell-Off, Analysts Eye $110K Resistance
Bitcoin surged back above $106,000 on Monday, recovering from a weekend dip that briefly pushed it below $100,000. The rebound reflects easing geopolitical tensions and sustained institutional demand, underscoring Bitcoin's resilience amid volatility.
The cryptocurrency fell to $98,500 over the weekend—its first drop below six figures in 45 days—as Middle East conflicts rattled markets. By June 24, 2025, it had climbed 5.7% to $106,026, with firm support evident near $102,650. The recovery coincided with a U.S.-brokered Israel-Iran ceasefire, calming global investor sentiment.
Institutional inflows remain robust. crypto ETPs attracted $1.24 billion last week, $1.1 billion of which flowed into Bitcoin funds. BlackRock's spot Bitcoin ETF (IBIT) spearheaded the momentum, contributing to a year-to-date total exceeding $15.1 billion.
Bitcoin Stabilizes Above $106K as Institutional Flows Offset Geopolitical Tensions
Bitcoin has reclaimed its footing NEAR $106,000 following a weekend of heightened Middle East tensions, demonstrating resilience amid traditional market correlations. The cryptocurrency's recovery mirrors broader financial markets as institutional participation continues to shape price action.
Recent analysis from Glassnode and Avenir Group highlights Bitcoin's evolving sensitivity to macroeconomic indicators, noting its deepening integration into global finance. "Institutional infrastructure has fundamentally altered capital engagement with Bitcoin," the report states, pointing to structural liquidity and regulated access points as key drivers.
ETF flows remain a dominant catalyst, with Pythagoras Investments' Semir Gabeljic noting $1.1 billion in weekly inflows. The institutional backbone appears robust, with $350 million entering Bitcoin ETFs in a single day this week.
Athena Bitcoin Files for Share Resale by Early Investors, Eyes OTC Uplisting
Athena Bitcoin Global, a crypto ATM operator focused on Latin America, has filed with the SEC to register 473 million common shares for resale by early investors, insiders, and former employees. The shares stem largely from converted debt instruments, marking a potential exit for backers of the company's expansion.
The filing signals Athena's intent to uplist to a higher OTC tier, though no timeline was provided. Known for deploying El Salvador's first Bitcoin ATMs, the company framed the move as a step toward attracting additional equity capital for growth.
No operational updates accompanied the registration statement. The resale mechanism provides liquidity for holders of secured convertible debentures issued during earlier financing rounds.
ProCap BTC Files to Go Public via Merger, Reveals $387M Bitcoin Purchase
Anthony Pompliano's Bitcoin-focused firm, ProCap BTC, has taken a decisive step toward public markets by filing an 8-K with the U.S. SEC. The disclosure outlines plans for a merger with blank-check company Columbus Circle Capital Corp I, forming Nasdaq-listed ProCap Financial, Inc.
The move follows ProCap's acquisition of 3,724 BTC worth $387 million—averaging $103,785 per coin—just one day prior to the filing. The company has raised $750 million through convertible debt and equity offerings, signaling institutional confidence in its strategy to treat Bitcoin as a CORE treasury asset.
ProCap aims to disrupt traditional finance by developing yield-generating Bitcoin products for institutional investors. The merger filing, shared by Pompliano on social media, represents a milestone in cryptocurrency's maturation as an asset class.
Bitcoin's $14B Options Expiry Sees Unusual Put-Call Ratio Surge
Bitcoin traders are displaying heightened caution ahead of Friday's $14 billion options expiry on Deribit, with the put-call ratio jumping to 0.72 from 0.5 earlier this year. While such moves typically signal bearish sentiment, market participants suggest cash-secured puts—a strategy combining yield generation with potential BTC accumulation—are distorting the metric.
The tactic involves selling put options while maintaining stablecoin reserves to purchase BTC if prices fall below strike levels. "This isn't pure hedging activity," notes Lin Chen of Deribit, highlighting how institutional players are engineering positions that profit from volatility while maintaining asset exposure.
Derivatives traders appear to be preparing for multiple scenarios ahead of the quarterly expiry, with the options market serving as both insurance marketplace and accumulation vehicle. The scale of open interest suggests institutional participation remains robust despite recent price consolidation.