Norwegian Green Minerals Makes First BTC Purchase as Part of $1.2B Bitcoin Treasury Strategy

Deep-sea mining company Green Minerals based in Norway has rolled out an ambitious plan to invest in digital assets by purchasing the first four BTC for its Bitcoin Treasury. The firm aims to diversify the treasury portfolio and reduce the risks related to inflation, instability of fiat currencies, and geopolitical uncertainity

This is a first step by Green Minerals to become part of a long list of publicly traded firms that are turning to Bitcoin as a long-term hedge. Executives think that the decentralized and non-inflationary nature of Bitcoin will protect shareholder value and promote financial innovation. The Bitcoin strategy is also part of a larger digital transformation to enhance transparency and operational efficiency by leveraging blockchain technology.

Green Minerals Purchases its First BTC

Norwegian Green Minerals announced today that it has purchased 4 Bitcoin at a price of about NOK 4.25 million (around $420,000). This purchase marks the start of a strategy to establish a Bitcoin treasury worth $1.2 billion. The initiative also symbolizes a crucial change in the firm’s asset management philosophy. Green Minerals aims to minimize its dependence on the conventional fiat currencies through this move

⚡️BIG: Green Minerals, a deep-sea mining company in Norway, plans to raise $1.2 billion to add Bitcoin to its treasury as a way to protect its funds from inflation and currency risks. pic.twitter.com/ZYtujzfqrh

— Crypto Coin Show (@CryptoCoinShow) June 25, 2025

In fact, the company’s executives term the strategy a precarious bet against macroeconomic risks like inflation and currency debasement. As per the official announcement, Executive Chairman Stale Rodahl noted that Bitcoin’s design, as a limited and decentralized digital asset, aligns with the long-term aspirations of the company

“Bitcoin’s decentralized, non-inflationary properties make it an attractive alternative to traditional fiat. By integrating a Bitcoin Treasury Strategy, we are not only mitigating fiat risks but also reaffirming our commitment to financial innovation and the sustainable creation of long-term value. This approach is particularly well suited for a company with such a long project horizon as Green Minerals,” Rodahl remarked.

Beyond simply buying and holding Bitcoin, Green Minerals plans to collaborate with external partners to scale its investment. While the identities of those partners remain undisclosed, management confirmed that joint investments will support upcoming capital expenditure – particularly for production equipment used in deep-sea mining operations

Blockchain to Anchor Broader Strategic Overhaul

With up to $1.2 billion earmarked, Green Minerals’ treasury move ranks among the largest crypto treasury plays globally. However, to thrive, the company intends to launch innovative investor tools, such as a BTC-per-share. This tool will enable shareholders to monitor the firm’s crypto holdings

Green Mineral’s Bitcoin initiative is thus only one component of a greater blockchain transformation. The company will institute blockchain technology within its operations to provide real-time transparency, enhance data integrity, and accelerate internal operations

“Green Minerals also sees that blockchain technology has an important role to play in mining to ensure supply chain transparency, mineral origin certification and operational efficiency…aims to adopt blockchain technology throughout the value chain to stay in the forefront of competition and any future regulatory requirements,” the official announcement noted

The purpose behind this digital approach is to modernize the corporate governance processes and establish increased trust among the stakeholders. This is crucial particularly as the company gets ready to roll out future mining and equipment deployment projects

Institutional Bet or Market Hype? Analyst Weighs

Crypto analyst and commentator MartyParty commented on the announcement, saying that Green Minerals is following the increasing institutional interest in Bitcoin during the economic turmoil. He clarified that the trend is part of the bigger trend as institutions adopt crypto as a hedge against fiat devaluation. The analyst also pointed out the irony of Norway’s proposal to ban energy-intensive crypto mining by autumn 2025

We have a math problem: #Norwegian deep-sea mining company Green Minerals AS announced plans to raise $1.2 billion to establish a #Bitcoin treasury, aiming to buy Bitcoin in the coming days as part of a broader blockchain strategy.

The move is intended to hedge against…

— MartyParty (@martypartymusic) June 25, 2025

However, the announcement by Green Minerals had an immediate impact on the Euronext Growth Oslo-traded stock. MartyParty noted that the firm’s stock surged 300% following Monday’s reveal but corrected by 34% yesterday. The drop reflects short-term speculative trading and profit-taking. But still, the analyst insists that the long-term outlook remains strong, especially as more firms seek to embed Bitcoin into their financial infrastructure