Green Minerals Secures 250 Million NOK Financing for Bitcoin Treasury Strategy

Green Minerals AS, a Norway-based company specializing in deep-sea mining and sustainable mineral extraction, has announced a significant development in its financial strategy. The company has entered into a structured financing agreement worth 250 million Norwegian crowns (approximately $23 million) with LDA Capital, a global investment group. This agreement is designed to bolster Green Minerals' Bitcoin treasury strategy, reflecting the company's commitment to integrating digital assets into its financial operations.

The 12-month agreement includes an At-the-Market (ATM) share issuance option granted by LDA Capital. This option allows Green Minerals to issue new shares flexibly, depending on market conditions. The structure is intended to protect investor value and prevent unnecessary shareholding dilution. Additionally, LDA Capital has the right to purchase up to 1% of Green Minerals’ shares at a price of NOK 6.95 per share, with this call option valid for 12 months.

Ståle Rodahl, Chairman of Green Minerals, emphasized the importance of flexibility and sustainability in volatile market conditions. He stated that this financing model provides the company with strategic leeway in achieving its goal of increasing its shares per Bitcoin ratio. This strategic move aligns with Green Minerals' broader vision of sustainable value creation across digital assets and natural resources.

LDA Capital, known for its extensive experience in traditional financing and Web3 investments, has completed over $11 billion in traditional financing and $400 million in Web3 investments to date. This partnership with Green Minerals underscores LDA Capital's commitment to innovative financing structures tailored for companies adopting digital asset treasury strategies. Warren Baker, Founding Partner of LDA Capital, expressed satisfaction with supporting Green Minerals' strategy, highlighting the collaboration as a demonstration of LDA’s dedication to innovative opportunities.

Green Minerals has stated that it will disburse the funding in installments under favorable market conditions, with the timing and amount of each disbursement decided at its sole discretion. The company has also indicated that it will inform the public if there are additional financing agreements in the future, ensuring transparency in its financial dealings.

This strategic financing agreement not only provides Green Minerals with the necessary capital to expand its Bitcoin holdings but also positions the company as a forward-thinking leader in the integration of digital assets with traditional mining operations. The collaboration with LDA Capital is a testament to the growing acceptance and adoption of digital assets in the global financial landscape, particularly in the context of sustainable and innovative business practices.