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Norway mineral mining company Green Minerals plans to co-raise US$1.2 billion with partners and has established a Bitcoin reserve

According to online reports, according to Green Minerals, a Norway mineral mining company, the company announced the adoption of Bitcoin treasury strategy as part of its overall blockchain strategy. The company plans to jointly raise up to $1.2 billion with partners to build its Bitcoin reserves. Ståle Rodahl, executive chairman of Green Mining, said that in the current era of large-scale currency expansion, Bitcoin's decentralized, non-inflationary nature makes it an attractive alternative to traditional fiat currencies. This strategy will help companies avoid fiat currency risk and provide a strong hedge against currency devaluation. In addition, Green Mining plans to adopt blockchain technology throughout the value chain to ensure supply chain transparency, mineral origin certification and operational efficiency. The company will introduce bitcoin per share (BTC/share) as a key performance indicator and plans to obtain the first batch of bitcoins in the next few days.

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