The mining company in the depths of the Norwegian seas is planning $ 1.2 billion

The Norwegian Green Mineals Green Mineals says it plans to create a Bitcoin treasury and aims to raise $ 1.2 billion to buy Bitcoin in the long run.
Green minerals He said On Monday that the plan is part of the wider Blockchain The strategy aims to diversify the company’s investments from Fiat currencies and support its project’s future project plans.
The CEO of Green Minerals Ståle Rodahl said in a statement that Bitcoin (BTCIt is an “attractive alternative to traditional flavor”, and hope is that adding it to the company’s public budget will help by “relieving the risk of FIAT”.
“With great future capital expenses planning production equipment, the program provides strong hedge against the currency.”
The next Bitcoin’s first purchase in the next few days
Green Minerals said that with its partners, it plans to finance up to $ 1.2 billion with the programs designed Increase bitcoin treasuryAnd aims to buy the first Bitcoin during the next few days.
Green minerals can buy approximately 11255 Bitcoin for $ 1.2 billion, with a circulation currently about $ 106,500.
The company also said it would launch a major performance index, with a new measurement of bitcoin, which is attributed to each share.
Blockchain is built on cards
The mining company also informed the plans Blockchain technology “To stay at the forefront of competition and any future regulatory requirements.”
The company added: “Green minerals also see that Blockchain technology has an important role in mining to ensure the transparency of the supply chain, the certificate of mineral origin and operational efficiency.”
Related to: Metaplanet shares jump after a $ 5.4 billion plan to buy Bitcoin
The bottom after the cryptocurrency
The stocks at Green Minerals closed a 300 % increase on Monday, with a declaration, as it rose to 68 cents (79 cents); However, the price of his share fell on Tuesday to close more than 34 % to 44 cents (51 cents), Google Financing Data He appears.
Some companies witnessed an increase in stock prices after announcing the bitcoin purchase plan.
In May, stocks at the Indonesian Fintech Corp company Digiasia Corp Almost double, 91 % heightAfter the company said it would raise $ 100 million for the first seed of many purchases.
Not everything tested height, though. Norwegian brokerage company K33 announced in May An intention to buy and keep encrypted currencyBut the price of its arrow was circulated flat, a decrease of 1.96 %.
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