Green Minerals Strikes Gold with $25 Million Crypto Boost from LDA Capital!

Mining Giant Dives Deep into Bitcoin with Strategic Financing

Hold onto your helmets, miners! Green Minerals, the daring deep-sea mining crew, just inked a sizzling 250 million Norwegian kroner deal with LDA Capital. They're not just drilling for minerals anymore; they're powering up their Bitcoin stash!

Listen up, folks! Green Minerals got themselves a sweet put option from LDA, letting them pump out new shares whenever the market vibes are right. This isn't your grandpa's stock sale; it's an "at-the-market" or ATM setup, and it's worth a whopping NOK 250 million, or about $25 million, over the next year.

Here's the kicker: this ATM deal means Green Minerals can pull cash when they need it, boosting shareholder value without flooding the market with shares. It's like hitting the jackpot without breaking the bank!

But wait, there's more! LDA isn't just sitting back. They've got themselves a call option on those shares. They can snag up to 1% of Green Minerals' total share value at a cool NOK 6.95 a pop, anytime within the next 12 months. Talk about playing the long game!

If Green Minerals plays their cards right and rakes in that $25 million, they could be sitting on a treasure of about 232.34 BTC at today's prices. That's a lot of digital gold!

Right now, the company's already hoarding around four Bitcoins, but they're not stopping there. They're on a mission to beef up their BTC Treasury, and with Bitcoin inching back towards the $107,000 mark—peaking at $107,724—the timing couldn't be hotter.

Ståle Rodahl, the Executive Chairman of Green Minerals, isn't messing around. He says this deal with LDA Capital is their secret weapon to fund growth and pump up their Bitcoin reserves. "In a dynamic market environment, flexibility and staying power is key," he declared. You can say that again, Ståle!

Back in June, Green Minerals set their sights high, aiming to raise a jaw-dropping $1.2 billion to buy up more BTC and grow their crypto stash. They're all in on digital assets, and they're not looking back!