Green Minerals, a pioneering Norwegian deep-sea mining firm, announced Monday its strategic entry into the world of blockchain and Bitcoin, with ambitious plans to raise up to $1.2 billion to significantly expand its Bitcoin reserves. This move highlights a burgeoning trend among corporations to leverage Bitcoin as a strategic hedge against inflation and monetary instability.
In an official statement, Green Minerals detailed its adoption of a Bitcoin Treasury Strategy, designed to diversify its holdings away from traditional fiat currencies and fortify its balance sheet. Executive Chairman Ståle Rodahl emphasized that this approach is a natural fit for a company with long-term capital requirements and a forward-looking vision. He specifically lauded Bitcoin's non-inflationary characteristics as offering crucial protection against currency debasement in an era of "significant monetary expansion."
Green Minerals is set to acquire its initial Bitcoin holdings in the coming days. The company is committed to collaborating with industry specialists to develop a transparent and secure framework for managing these digital assets. To ensure clear communication with shareholders, Green Minerals will introduce a new metric: Bitcoin per share (BTC/share), providing direct insight into the digital asset value attributable to their equity.
Bitcoin to Strengthen Capital Access Without Diverting from Core Mission
Green Minerals clarified that its Bitcoin strategy complements, rather than replaces, its core deep-sea mining operations. The Bitcoin reserves are intended to provide flexible funding for substantial capital expenditures, such as large-scale equipment needs and project development over time.
Beyond its treasury strategy, the company also views blockchain technology as a vital tool for enhancing transparency in mineral sourcing, ensuring supply chain integrity, and bolstering regulatory compliance—areas where Norwegian mining companies face increasing scrutiny. This financial initiative will be integrated into a broader capital program, "Partnership for Responsible Production," which recognizes digital assets as an integral component of its growth model. Green Minerals believes Bitcoin can serve a dual role: both as a treasury asset and as a lever for more efficient access to capital markets.
Green Minerals Joins a Growing Roster of Public Firms Embracing Bitcoin
Green Minerals is now part of a growing cohort of publicly traded companies that are incorporating Bitcoin into their reserve assets. According to a recent report from Standard Chartered, over 60 non-crypto corporations have added Bitcoin to their balance sheets in recent years, following the trailblazing path set by MicroStrategy. MicroStrategy's aggressive Bitcoin accumulation strategy, initiated in 2020, notably contributed to a surge of over 3,000% in its stock price.
For companies like Green Minerals, gaining Bitcoin exposure through corporate adoption offers unique advantages that individual investors typically cannot replicate. Public firms often have the ability to raise capital through convertible debt markets, enabling them to acquire larger Bitcoin positions at scale. This, coupled with their stocks often trading at a premium compared to underlying crypto assets, positions corporate Bitcoin adoption as a powerful financial strategy.
Cryptoniteuae, June 2025