Norway’s deep-sea mining firm Green Minerals will invest up to $1.2 billion with partners to build a Bitcoin treasury. The company plans to acquire BTC in the coming days to hedge fiat risks and integrate blockchain into mining operations. Despite a nearly 35% stock drop after the announcement, Green Minerals says its core strategy remains unchanged. Over 245 public firms now hold a combined $88 billion in Bitcoin. Meanwhile, Norway’s government is considering a temporary ban on energy-intensive crypto mining operations.
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