According to the Norwegian mining company Green Minerals, the company announced the adoption of a Bitcoin treasury strategy as part of its overall Blockchain strategy. The company plans to jointly finance up to $1.2 billion with partners to establish its Bitcoin reserves.

Ståle Rodahl, the Executive Chairman of Green Mining, stated that in the current era of massive monetary expansion, the decentralized and non-inflationary characteristics of Bitcoin make it an attractive alternative to traditional fiat currencies. This strategy will help the company avoid fiat currency risks and provide a strong hedge against currency devaluation.
In addition, the green mining initiative plans to adopt Blockchain technology throughout the value chain to ensure supply chain transparency, mineral provenance certification, and operational efficiency. The company will introduce Bitcoin per share (BTC/share) as a key performance indicator and plans to acquire its first batch of Bitcoin in the coming days.