New Strategies in the Mining Industry: Bitcoin Adoption by Green Minerals and Panther Metals!

Jakarta, Pintu News – Mining companies Green Minerals from Norway and Panther Metals from the UK recently announced the addition of Bitcoin (BTC) to their corporate coffers. The move marks a new era in their financial and operational strategies in the mining and minerals industry.

Check out the full information below!

Bitcoin Strategy Introduction

Green Minerals has kicked off their Bitcoin (BTC) cash strategy with a first purchase of 4 Bitcoin (BTC) worth 4.25 million Norwegian Kroner (approximately $420,300). The company is targeting Bitcoin (BTC) purchases worth up to $1.2 billion.

The move comes as part of a broader blockchain strategy, which aims to improve supply chain transparency, mineral origin certification, and operational efficiency. Meanwhile, UK-based Panther Metals has acquired 1 Bitcoin (BTC) for $5.4 million.

The company’s initial plan is to purchase 4 million British pounds worth of Bitcoin (BTC) to serve as an investment hedge in the company’s cash. The Bitcoin (BTC) acquired will also be used to finance the purchase of the Pick Lake deposit, part of the Winston Project in Ontario, Canada.

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Strategic and Financial Benefits

Panther Metals CEO, Darren Hazelwood, revealed that this strategy is a bold and innovative move to bridge the traditional money market and the rapidly evolving digital currency space.

By adopting Bitcoin (BTC), Panther Metals seeks to position itself as an effective hedge between the two financial worlds.

On the other hand, Green Minerals stated that the adoption of this Bitcoin (BTC) cash strategy strengthens their position as a leader in sustainable mineral extraction as well as an innovator in financial and technological practices. The initiative is expected to support the company’s project plans related to sustainability and efficiency.

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Market Reaction and Future Outlook

Since the announcement of the Bitcoin (BTC) cash strategy, Green Minerals AS shares have surged 11% today and more than 130% overall. Panther Metals PLC has also seen its share price rise by more than 47%, according to data from Yahoo Finance.

This indicates a positive response from the market to the integration of Bitcoin (BTC) in the company’s operations. Bitcoin (BTC) price is currently at $106,712, with daily fluctuations between $104,740 and $106,826.

Although trading volume decreased by 30% in the past 24 hours, indicating a decline in interest among traders, the strategic moves by these two companies still attracted investors’ attention.

Conclusion

The adoption of Bitcoin (BTC) by Green Minerals and Panther Metals not only marks a change in financial strategy in the mining industry, but also shows the industry’s adaptation to blockchain technology and digital currencies. The move is expected to provide long-term benefits for both companies in the face of fluctuations in traditional financial markets and improve operational efficiency.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto Times. Green Minerals and Panther Metals Make First Bitcoin Purchase. Accessed on June 26, 2025
• Featured Image: Generated by Ai