Norwegian Mining Giant Goes All-In on Bitcoin as Treasury Reserve Asset
Scandinavian cold meets digital gold as a major Norwegian mining firm flips its treasury to Bitcoin—proving even traditional industries are waking up to crypto's store-of-value thesis.
From pickaxes to private keys: The company's pivot mirrors MicroStrategy's playbook, swapping fiat depreciation for Bitcoin's programmed scarcity. No more begging central bankers for monetary sanity.
Balance sheet boldness: While Wall Street hedgies still debate 'digital gold,' this industrial player just allocated working capital to the hardest money ever invented. Take notes, Jamie Dimon.
The cynical kicker: Another corporation realizes holding cash is like watching your savings melt—except the Fed can't print more Bitcoin (yet).
Putin Cornered as Iran Calls for Help After U.S. Strikes
Advisers have been hired to execute purchases and custody in what the firm calls a “fully transparent, auditable framework.” Green Minerals pledged to disclose wallet addresses and transaction details once the first tranche of Bitcoin is secured.
By pairing a sustainable-resource mandate with a bitcoin-based balance sheet, the company hopes to position itself as a tech-savvy outlier in the nascent deep-sea mining sector—while offering shareholders a direct line to digital-asset upside.
