Green Minerals Expands Bitcoin Treasury With $25M Deal
🌍 Green Minerals is doubling down on its Bitcoin treasury strategy by securing a $25 million financing agreement to buy more BTC and strengthen its crypto position.
💰 The mining company announced this week that it signed a structured financing deal with LDA Capital worth 250 million Norwegian kroner to grow its Bitcoin treasury. The move highlights the firm’s ambition to expand its digital asset reserves while maintaining flexibility in market conditions.
📝 The deal grants Green Minerals a put option through an “at-the-market” (ATM) structure, enabling the company to issue new shares and raise funds as needed to bolster its Bitcoin treasury. The structure also allows management to minimize unnecessary dilution while optimizing shareholder value over the next 12 months.
📊 On the flip side, the financing agreement gives LDA Capital a call option to subscribe for up to 1% of Green Minerals’ share capital at NOK 6.95 per share. This mechanism provides both sides with room to maneuver while ensuring Green Minerals can continue strengthening its Bitcoin treasury without overcommitting to fixed terms.
🪙 According to current Bitcoin prices, if the full $25 million commitment is raised, Green Minerals could add approximately 232 BTC to its Bitcoin treasury. At press time, the firm holds only about four Bitcoins, showing the potential impact of this funding initiative on its crypto reserves.
📈 As Bitcoin continues its steady climb toward the $107,000 mark—having recently peaked at $107,724—Green Minerals’ timing to enhance its Bitcoin treasury appears well-calculated. The company believes that accumulating BTC during this dynamic market phase could pay off significantly in the long run.
🗣️ Ståle Rodahl, Executive Chairman of Green Minerals, emphasized that the financing deal provides a strategic mechanism to grow the firm’s Bitcoin treasury. He noted that in today’s fast-moving markets, “flexibility and staying power is key” to maintaining a competitive edge.
🏗️ Earlier this June, Green Minerals set a lofty target of raising $1.2 billion to build its Bitcoin treasury and position itself as a leading corporate holder of digital assets. This latest $25 million deal is a crucial step toward that goal, reinforcing the company’s commitment to integrating Bitcoin into its financial growth plans.
🚀 With more institutional players adopting Bitcoin treasury strategies, Green Minerals joins the ranks of forward-thinking firms leveraging digital assets as part of their balance sheets. Investors and industry watchers alike will be keeping an eye on how the company executes its ambitious BTC accumulation plan over the coming year.
