Green Minerals closes $25 million deal to buy Bitcoin

• Company seeks to increase Bitcoin treasury with new deal
• Green Minerals may acquire over 230 BTC
• Strategy with stablecoins and Bitcoin focuses on financial growth

Green Minerals, a Norwegian company focused on deep-sea mining, signed an agreement financing with LDA Capital in the amount of approximately US$ 25 million. The structure, established through an “at-the-market” (ATM) model, will allow the company to issue new shares gradually and according to market conditions.

JUST IN: Green Minerals secures ~$24.8 million in flexible funding from LDA Capital to support its Bitcoin treasury strategy.

The Oslo-based company focuses on deep sea mining and mineral extraction.

The option granted by LDA enables Green Minerals to access additional capital on demand, reducing the risk of dilution for shareholders. In addition, LDA Capital has obtained the right to subscribe for up to 1% of the company’s share capital at NOK 6,95 per share, valid for 12 months.

With the proceeds from the deal, Green Minerals plans to acquire around 232 bitcoins, at current prices, which is around $107.000. Until now, the company held only four BTC units, but has publicly stated its ambition to significantly expand this reserve.

According to the company’s CEO, Ståle Rodahl, the partnership represents a “strategic mechanism to finance growth” aligned with the company’s long-term vision. “In a dynamic market environment, flexibility and resilience are essential,” said Rodahl in the official statement.

The move is part of a broader strategy announced in early June, when Green Minerals revealed its goal of raising $1,2 billion to bolster its balance sheet through the acquisition of Bitcoin. The company sees crypto assets as a reserve asset class that can play a central role in increasing the value of its assets.

The adopted model follows the trend of public companies seeking to expose part of their reserves to cryptocurrencies, mainly BTC, as protection against currency devaluation and for strategic diversification. In addition, the instant liquidity offered by assets such as Bitcoin aligns with the company's objective of combining digital assets with its industrial growth plan.

With the advancement of financing, Green Minerals reinforces its positioning within the segment of companies that integrate Bitcoin as part of corporate planning and long-term vision in global financial markets.