Green Minerals closes $25 million deal to buy Bitcoin
2025/07/02 17:30- Company seeks to increase Bitcoin treasury with new deal
- Green Minerals may acquire over 230 BTC
- Strategy with stablecoins and Bitcoin focuses on financial growth
Green Minerals, a Norwegian company focused on deep-sea mining, signed an agreement financing with LDA Capital in the amount of approximately US$ 25 million. The structure, established through an “at-the-market” (ATM) model, will allow the company to issue new shares gradually and according to market conditions.
JUST IN: Green Minerals secures ~$24.8 million in flexible funding from LDA Capital to support its Bitcoin treasury strategy.
The Oslo-based company focuses on deep sea mining and mineral extraction.
The option granted by LDA enables Green Minerals to access additional capital on demand, reducing the risk of dilution for shareholders. In addition, LDA Capital has obtained the right to subscribe for up to 1% of the company’s share capital at NOK 6,95 per share, valid for 12 months.
With the proceeds from the deal, Green Minerals plans to acquire around 232 bitcoins, at current prices, which is around $107.000. Until now, the company held only four BTC units, but has publicly stated its ambition to significantly expand this reserve.
According to the company’s CEO, Ståle Rodahl, the partnership represents a “strategic mechanism to finance growth” aligned with the company’s long-term vision. “In a dynamic market environment, flexibility and resilience are essential,” said Rodahl in the official statement.
The move is part of a broader strategy announced in early June, when Green Minerals revealed its goal of raising $1,2 billion to bolster its balance sheet through the acquisition of Bitcoin. The company sees crypto assets as a reserve asset class that can play a central role in increasing the value of its assets.
The adopted model follows the trend of public companies seeking to expose part of their reserves to cryptocurrencies, mainly BTC, as protection against currency devaluation and for strategic diversification. In addition, the instant liquidity offered by assets such as Bitcoin aligns with the company's objective of combining digital assets with its industrial growth plan.
With the advancement of financing, Green Minerals reinforces its positioning within the segment of companies that integrate Bitcoin as part of corporate planning and long-term vision in global financial markets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The "Eye of the Storm" in the Global Economy: Debt Crisis in Developed Countries
The IMF warns that developed economies are becoming the "eye of the storm" for global debt risks. Countries such as the United States and France accumulated high levels of debt during periods of low interest rates, but now rising interest rates are pushing up repayment costs, and fiscal consolidation faces political resistance. BofA Securities points out that the United States is facing declining tax revenues, France has structural income decline issues, and the UK and Japan are also under pressure. The deteriorating debt sustainability of developed countries may impact global financial markets through shocks in interest rates and capital flows.
The US market narrative undergoes a "dramatic reversal": shifting from "AI-driven deflation and controllable US debt" to "AI squeezing the bond market, and Bassen unable to control long-term interest rates"
Deutsche Bank points out that the market narrative regarding the U.S. economy has shifted from "AI drives down inflation" to "AI-related bond issuance pushes up U.S. Treasury yields," but pessimism may be overdone. The bank believes that the real risks underestimated by the market are security incidents in the AI ecosystem, failed IPOs, or underwhelming revenues, which could undermine the dollar and support the bond market. In addition, France's fiscal difficulties are putting new pressure on the euro.
Crypto prices
More
