Summary
- Super Copper, a Canadian stock market listed company, has announced that it has adopted a Bitcoin purchase strategy.
- Super Copper stated that it plans to use up to 20% of its treasury for Bitcoin purchases.
- The Bitcoin accumulation strategy will be pursued independently from its existing copper mining business.
Super Copper, a copper mining company listed on the Canadian Securities Exchange, has reportedly adopted a Bitcoin (BTC) purchase strategy.
On the 16th (local time), Super Copper announced on X (formerly Twitter), "Our Board of Directors has adopted a Bitcoin financial strategy," and stated, "We plan to use up to 20% of the company treasury for Bitcoin purchases."
However, it clarified that this Bitcoin accumulation is a strategy separate from its existing business. Super Copper added, "Accumulating Bitcoin does not affect our copper mining operations," and "We will continue striving to become a world-class copper mining company."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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