- Green Minerals has launched a Treasury strategy of $ 1.2 billion to secure itself against the Fiat risk.
- Trump’s return and varied Wall Street Attitudes are enclosing institutional interest in Bitcoin.
Green minerals, a Norwegian deep -sea mining company, formally Started the cryptout space by acquiring four Bitcoins (BTC) Worth about $ 420,000.
This movement is part of a wider $ 1.2 billion Bitcoin Treasury Strategy, Targeted To reduce dependence on fiat currencies and hedging against inflation and geopolitical risks.
This relocation places the Norwegian company among a rapidly growing cohort of listed companies that adopt Bitcoin as a state reserve supply.
Executive Stance: Bitcoin as a balance sheet hedge
According to its official statement, the Bitcoin purchase was the first step in a long-term state tax strategy that aims to secure itself against Fiat devaluation, inflation and geopolitical uncertainty.
Said in the same way, said CEO of Green Minerals, Ståle Rodahl,
“Bitcoin’s decentralized, non-inflationary characteristics make it an attractive alternative to traditional Fiat. By integrating a bitcoin treasury strategy, we not only mitigate Fiat risks but also confirm our commitment to financial innovation and sustainable creation of long-term value.”
Following green minerals by strategy?
Green Minerals’ broader plan seems to reflect the bold strategy for strategy (formerly micro strategy), which famous began to collect Bitcoin 2020 and now holds over $ 63 billion.
Micro Strategy Aggressive Cryptopivot has seen its share increase more than 3,000% since 2020, coinciding with Bitcoin’s meteoric increase over $ 110,000.
According to Standard Chartered, 61 publicly listed companies without Core Crypto Focus have adopted similar Treasury Strategies, strengthening Bitcoin new role as a hedge against traditional financial risks.
The market reaction remains modest – at the moment
The move has already had a noticeable effect on investors’ feeling, with the company’s share that sees a 0.68% upward, trading in EUR 0.45 according to Google Finance.
In fact, to see the increase in Bitcoin adoption, even begins JPMorgan, when a vocal critic of digital currencies begins to warms up to space.
CEO Jamie Dimon recently revealed Planning to give customers access to Bitcoin investments and signals a broader change in Wall Street’s crypto strategy.
