UK-listed mineral exploration firm Panther Metals Plc (LSE: PALM) has unveiled a groundbreaking Bitcoin treasury strategy that blends physical mining assets with Bitcoin holdings, sending its stock soaring 21% on Monday. The announcement marks a bold pivot into digital finance, drawing investor enthusiasm and aligning the company with a growing wave of corporate Bitcoin adoption.
Panther Metals announced it will allocate £4 million ($5.4 million) to Bitcoin as part of its corporate treasury strategy. In a first-of-its-kind move, the company will use £1.3 million ($1.75 million) worth of Bitcoin from its treasury as collateral to acquire the Pick Lake mining deposit in Ontario, Canada—without liquidating any BTC.
“This allows the company to complete the Pick Lake acquisition whilst retaining its total exposure to Bitcoin,” Panther stated.
CEO Darren Hazelwood emphasized that Panther’s approach reframes Bitcoin not as a passive asset, but as productive capital that can drive operational expansion.
“Bitcoin provides a unique hedge against fiat currency risk in today’s inflationary environment,” Hazelwood said. “It allows us to fund quality mineral projects with less shareholder dilution and more flexible capital access.”
The Pick Lake asset is part of the broader Winston Project, which hosts approximately 85% of the project’s total mineral resources, including zinc, copper, and precious metals. The deposit is considered an advanced-stage redevelopment and resource-building opportunity.
Panther’s treasury will continue to grow alongside its physical resource portfolio, which includes critical minerals and precious metals. The firm aims to build a resilient, hybrid model that thrives across economic cycles.
“By blending the stability of physical resources with the flexibility of digital capital, Panther is building a business that can remain ahead of the curve,” Hazelwood added.
Investor response was immediate. Panther Metals’ shares surged 21% on the London Stock Exchange Monday, capping a 125% gain over the past month and 55% in just the last week, according to Google Finance.
The announcement positions Panther among a new breed of hybrid firms deploying Bitcoin to unlock traditional asset growth, while appealing to investors seeking exposure to both commodities and crypto.
Panther joins a fast-expanding list of corporations moving BTC onto their balance sheets. Earlier this week, real estate magnate Grant Cardone revealed his firm’s first Bitcoin purchase—1,000 BTC for its corporate treasury.
Meanwhile, industry leaders continue to accumulate:
As the line between hard assets and digital stores of value continues to blur, Panther’s move reflects a new era where companies are not just hedging with Bitcoin—but using it as a strategic financial tool.
June 2025, Cryptoniteuae