Green Minerals Unveils $1.2B Bitcoin Treasury Initiative in Strategic Blockchain Push

Deep-sea mining firm Green Minerals has announced plans to invest up to $1.2 billion in Bitcoin, marking a major pivot into digital assets as part of a broader blockchain strategy.

The Euronext Growth Oslo-listed company revealed Tuesday that it will begin accumulating Bitcoin within the next few days in partnership with unnamed entities. The move places Green Minerals among the growing list of publicly traded firms adding the digital asset to their balance sheets.

Executive Chairman Ståle Rodahl emphasized Bitcoin's appeal in the current macroeconomic landscape: “Bitcoin’s decentralized, non-inflationary nature presents a compelling hedge against fiat currency risks. Through this treasury initiative, we are reinforcing our long-term commitment to innovation and sustainable value creation.”

Despite the massive capital shift, Green Minerals confirmed that its core focus on responsible deep-sea mineral extraction remains unchanged. The company views the Bitcoin treasury as a complementary move aligned with its existing project roadmap.

Beyond financial strategy, Green Minerals underscored blockchain's utility in mining operations, especially in bolstering transparency, verifying mineral provenance, and streamlining logistics.

This announcement follows a wave of corporate interest in Bitcoin. Currently, 245 publicly traded companies collectively hold over $88 billion in the digital asset—an increase of about 13% in the past month. The trend, initiated by Michael Saylor’s Strategy Inc., which now owns over 592,300 BTC, has inspired firms like Upexi, Wellgistics Health, and DeFi Development Corp. to adopt similar models, some branching into altcoins such as XRP and Solana.

Green Minerals’ entry into the Bitcoin treasury space signals yet another institutional bet on crypto as a pillar of future financial infrastructure.