UK-Based Gold Mining Company Decides to Invest in Bitcoin! Here Are the Details

According to a report by Bitcoin Magazine, UK publicly traded gold mining company Bluebird Mining Ventures is taking a significant step into the digital asset space by announcing plans to adopt the Bitcoin treasury strategy. UK-Based Bluebird Mining Ventures Decides to Adopt Bitcoin Treasury Strategy The company said it will begin converting future revenues from its gold mining projects into Bitcoin, signaling a strategic transformation to align with the growing trend of businesses using BTC as a long-term store of value. Bluebird Mining Ventures owns three major gold mining projects — two in South Korea and one in the Philippines — with a combined gold resource of about 1.8 million ounces. The company’s decision reflects growing institutional confidence in Bitcoin as a hedge against inflation and global economic uncertainty. By integrating Bitcoin into its corporate treasury, Bluebird joins a growing list of companies seeking to diversify their balance sheets with tangible assets that provide portability, transparency, and resistance to monetary depreciation. The move is particularly notable given Bluebird’s roots in the traditional commodities sector, and signals that there could be greater convergence between traditional natural resource companies and digital financial infrastructure. *This is not investment advice. Continue Reading: UK-Based Gold Mining Company Decides to Invest in Bitcoin! Here Are the Details

Source: BitcoinSistemi