Green Minerals Launches Ambitious $1.2B Bitcoin Reserve Strategy

Leading Norwegian deep-sea mining firm Green Minerals AS has unveiled a forward-thinking financial strategy aimed at raising up to $1.2 billion to construct a substantial bitcoin reserve, integral to its long-term blockchain and innovation agenda.

Ståle Rodahl, Executive Chairman, stated, “In this era of significant monetary expansion, maintaining a strong balance sheet is more critical than ever. Bitcoin’s decentralized, non-inflationary properties make it an attractive alternative to traditional fiat.” Green Minerals positions itself as one of the pioneering entities in its sector to integrate bitcoin at this scale into its financial operations.

The Bitcoin Treasury Strategy

The cornerstone of this plan is a Bitcoin Treasury Strategy: diversifying assets beyond conventional reserves (cash, gold) by incorporating bitcoin. The stated objectives are enhancing balance sheet resilience, safeguarding assets against inflationary pressures and global economic volatility, and supporting future project financing needs.

Funding will originate from equity capital markets, potentially involving strategic corporate partners. The newly raised capital will be primarily allocated towards acquiring bitcoin to be held as a long-term reserve asset.

Legacy Business and Technology Integration

Despite the significant focus on bitcoin, the company emphasizes that its core deep-sea mining operations—targeting key minerals and rare earth elements sustainably from the ocean floor—remain unchanged. Furthermore, Green Minerals intends to leverage blockchain technology across its supply chain to boost transparency, operational efficiency, and mineral origin certification.

To enhance transparency regarding the bitcoin initiative, the company will introduce “Bitcoin per share (BTC/share)” as a Key Performance Indicator (KPI).

This represents a significant move, potentially catalyzing similar diversification strategies within the broader mining sector, given that Green Minerals is the first traditional mining company to embrace bitcoin as a prominent financial hedge.