Green Minerals, signs $24.75 million financing deal for additional Bitcoin purchase

Source
Son Min

Summary

  • Green Minerals announced it has signed a structured financing contract worth NOK 250 million (about $24.75 million) for additional Bitcoin acquisition.
  • Ståle Rodahl, chairman of Green Minerals, stated that this deal is a strategic approach for future fundraising and aligns with the company's long-term goal of Bitcoin accumulation.
  • Green Minerals had previously reported introducing a Bitcoin accumulation strategy and revealed a plan to raise up to $1.2 billion in funds for Bitcoin purchases.

Norwegian deep-sea mineral mining company Green Minerals AS has entered into a structured financing agreement worth NOK 250 million (approximately $24.75 million) for additional Bitcoin (BTC) acquisition.

On the 2nd (local time), Green Minerals announced via its official website that it had signed a structured financing deal with LDA Capital for the purpose of purchasing additional Bitcoin, with the contract valued at NOK 250 million.

Ståle Rodahl, chairman of Green Minerals, stated, "This agreement will serve as a highly strategic method for future fundraising and aligns with our long-term objective of Bitcoin accumulation."

Previously, Green Minerals also introduced a "Bitcoin accumulation strategy," announcing its plan to raise up to $1.2 billion for Bitcoin purchases.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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