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Deep Sea Mining Giant Dives Headfirst Into Bitcoin—$1.2B BTC Treasury Bet Signals Crypto Confidence

Deep Sea Mining Giant Dives Headfirst Into Bitcoin—$1.2B BTC Treasury Bet Signals Crypto Confidence

Author:
Coindesk
Published:
2025-06-25 08:40:50
19
1

Deep Sea Mining Firm Goes Deep on Bitcoin With $1.2B BTC Treasury Plan

Forget digging for minerals—this ocean-floor explorer just struck gold in the crypto markets.

From seabed to Satoshis: In a move that left Wall Street analysts scrambling, the deep-sea mining firm announced plans to allocate a staggering $1.2 billion to Bitcoin treasury reserves. That's enough to buy out three of El Salvador's BTC stacks—with change left over for a submarine.

Why the plunge? While traditional investors fret about Fed rates, these underwater pioneers see Bitcoin as the ultimate inflation hedge—because nothing says 'store of value' like a digital asset that regularly swings 20% in a week.

The institutional tide turns: This nine-figure commitment proves even hard-asset players now view BTC as strategic reserve material. Though we'd pay good BTC to see their CFO explain the volatility to shareholders during the next earnings call.

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