Green Minerals Invests $1.2 Billion in Bitcoin to Hedge Fiat Risks

Norwegian deep-sea mining firm Green Minerals has announced a significant strategic move to purchase $1.2 billion in Bitcoin. This initiative is part of a broader Bitcoin Treasury Strategy aimed at reducing reliance on fiat currencies and hedging against inflation and monetary policy uncertainty. The company, listed on the Norwegian stock exchange, revealed its plan to integrate Bitcoin as a hedge against fiat currency risks. This move is designed to complement, not replace, the company’s core activities in sustainable seabed mineral extraction.

Green Minerals’ decision to invest in Bitcoin is driven by the rapid loss of purchasing power in fiat currencies. Executive Chairman Ståle Rodahl emphasized the importance of maintaining a strong balance sheet in an era of significant monetary expansion. He highlighted Bitcoin’s decentralized architecture and fixed supply as logical choices for firms with multi-year capital investment timelines. The company plans to use the capital to buy and hold Bitcoin as a core part of its balance sheet, potentially acquiring 11,255 BTC based on current prices. The first tranche of Bitcoin is expected to be acquired within days.

To increase transparency, Green Minerals will introduce a key performance indicator (KPI) showing the Bitcoin value attributable to each share. This KPI marks a change in how traditional firms assess financial strength by linking shareholder value directly to their Bitcoin reserves. The planned $1.2 billion raise will be carried out through structured programs and private placements, with the funds serving both the digital treasury and traditional operations.

Green Minerals is not only embracing Bitcoin but also betting on blockchain as a foundational technology for modernizing its operations. The company plans to deploy blockchain tools for mineral origin certification, supply chain transparency, and operational efficiency. These areas are key concerns for regulators and stakeholders in the global mining sector, and the ability to prove mineral provenance and ensure ethical sourcing through blockchain can provide a competitive edge and regulatory clarity.

The strategy comes at a time when institutional inflows into Bitcoin are accelerating. Green Minerals is tapping into this momentum at a time when demand for Bitcoin as a corporate reserve is resurging. A growing number of publicly traded companies are adding Bitcoin to their balance sheets, inspired by MicroStrategy’s aggressive Bitcoin accumulation strategy. More than 60 non-crypto firms have adopted similar approaches. ProCap, led by Anthony Pompliano, recently bought 3,724 BTC for $386M just days after revealing IPO plans. Meanwhile, Japan’s Metaplanet secured $517M to expand its Bitcoin holdings.

Green Minerals’ move to invest in Bitcoin is a bold step towards embracing digital assets as a core part of its financial strategy. By integrating Bitcoin into its treasury, the company aims to hedge against fiat currency risks and ensure long-term capital protection. This strategy not only reflects the growing institutional support for Bitcoin but also underscores the potential of blockchain technology in modernizing traditional industries.