Bluebird Mining Bets Big on Bitcoin: Corporate Treasury Goes Full Crypto
Another mining company joins the digital gold rush—this time with shareholder capital on the line.
Bluebird Mining Ventures just signaled its leap into bitcoin treasury management, swapping traditional cash reserves for the volatile crypto asset. The move follows MicroStrategy's playbook, but with a twist: this firm's core business actually generates physical commodities rather than software.
Why now? Speculation points to either visionary foresight or desperate yield-chasing in a zero-rate environment—take your pick. Either way, their CFO just became the most interesting person at mining industry happy hours.
One thing's certain: if bitcoin tanks, shareholders will rediscover their love of boring old balance sheets. Until then? Welcome to the casino.
