Re: Norway deep-sea mining firm plans $1.2B Bitcoin buy

Quote from: _act_ on June 25, 2025, 09:34:24 AM

Green Minerals plans $1.2B Bitcoin buy as it says it will raise $1.2 billion to buy Bitcoin and plans to adopt blockchain technology in areas such as supply chain transparency and operational efficiency.

You can read more about it on the news https://cointelegraph.com/news/norwegian-deep-sea-mining-firm-adopting-bitcoin

That is not all but also Anthony Pompliano's ProCap BTC, LLC bought 3724 Bitcoin within a day after announcing $1 billion merger and over $750 million fundraise.

https://www.globenewswire.com/news-release/2025/06/24/3104425/0/en/Anthony-Pompliano-s-ProCap-BTC-LLC-Buys-3-724-Bitcoin-Within-One-Day-After-Announcing-1-Billion-Merger-and-Over-750-Million-Fundraise.html

More institutions are getting in.

All this news are great developments, it shows the levels of Bitcoin awareness and adoptions. Nevertheless, there are many more institutions, companies that are already buying like metaplanet, Grayscales, others, and there are indication that more countries will adopt the Bitcoin strategic Reserve plans started in the US. I think that there are likelihood that we will experience heavy scarcity in near future.