Green Minerals to Invest $1.2 Billion in Bitcoin Amidst Norway's Mining Shift

Edited by: Yuliya Shumai

On June 24, 2025, Green Minerals, a Norwegian company, announced its plan to invest up to $1.2 billion in Bitcoin. This strategic decision aims to diversify the company's portfolio and integrate blockchain technology. Ståle Rodahl, the Executive Chairman of Green Minerals, highlighted Bitcoin's decentralized nature as a key factor in this investment. (Source: Reuters, June 2025)

This announcement coincides with Norway's reevaluation of deep-sea mining. In December 2024, the Norwegian government suspended exploration permits, originally scheduled for early 2025, due to environmental concerns. Preparations are ongoing, with the next licensing round planned for 2026. (Source: Reuters, December 2024)

As of June 24, 2025, approximately 245 public companies hold Bitcoin, collectively owning over $88 billion. Green Minerals' investment reflects a growing trend of digital asset accumulation. Blockchain technology is also becoming increasingly important in the mining industry, improving supply chain transparency and operational efficiency. (Source: Reuters, June 2025)

Sources

  • Decrypt

  • Norway plans temporary ban on power-intensive cryptocurrency mining

  • Norway stops deep-sea mining, for now

  • Norway to award Arctic blocks for seabed mining in 2025

  • Deep-sea mining: Can the US turn science fiction into reality?

  • Deep-sea mining: Norway suspends controversial plan

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