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The latest announcement is out from Green Minerals AS ( (DE:5IP) ).
Green Minerals AS has announced the adoption of a Bitcoin Treasury Strategy as part of its blockchain strategy, aiming to diversify its treasury and mitigate risks associated with traditional fiat currencies. This move is designed to support the company’s long-term project plans and reinforce its position as an innovator in financial and technological practices. The company plans to finance up to USD 1.2 billion with programs that increase Bitcoin Treasury exposure, while maintaining transparency and accountability through regular updates and a new KPI, Bitcoin per share (BTC/share).
More about Green Minerals AS
Green Minerals AS is a pioneer in deep sea mining and sustainable mineral extraction, focusing on delivering key minerals and rare earth elements for the green energy transition. The company aims to reduce the social and environmental costs associated with terrestrial mining, addressing strategic needs for the EU and the USA.
YTD Price Performance: -26.11%
Average Trading Volume: 36,923
Current Market Cap: NOK46.69M
For a thorough assessment of 5IP stock, go to TipRanks’ Stock Analysis page.