Catenaa, Friday, June 26, 2025-Norwegian deep-sea mining company Green Minerals unveiled plans Monday to raise up to $1.2 billion as it adopts a Bitcoin reserve strategy, aligning with a growing trend of public firms integrating digital assets into their treasury frameworks.
The Oslo-based firm said it aims to accumulate Bitcoin as a hedge against fiat currency debasement and monetary instability. Executive Chairman Ståle Rodahl described the move as a strategic fit for a company with long-term capital demands and a future-focused agenda.
He said Bitcoin’s fixed supply offers protection amid ongoing global monetary expansion.
Green Minerals said it will begin purchasing Bitcoin in the coming days and introduce a new “BTC per share” metric to give shareholders direct insight into its crypto-backed equity value.
The firm also emphasized the reserve strategy would not alter its core focus on deep-sea mineral extraction. Instead, Bitcoin holdings will help finance major equipment procurement and long-term project development.
The company views blockchain tools as complementary to its core business, especially for enhancing transparency in mineral sourcing, supply chain management and regulatory compliance.
It plans to launch the reserve as part of its broader capital program under the “Partnership for Responsible Production.”
Green Minerals joins more than 60 non-crypto firms that have adopted Bitcoin as a treasury asset, according to Standard Chartered.
