Bluebird Mining Ventures, a UK-based gold mining company with operations in South Korea and the Philippines, has announced a major strategic shift by adopting a Bitcoin treasury strategy. The move signifies the company’s intention to invest its future revenue streams from its gold mining projects into Bitcoin, reflecting the growing acceptance of cryptocurrencies as a store of value.
Bluebird owns approximately 1.8 million ounces of gold resource and is leveraging Bitcoin’s stability against inflation and economic volatility. This decision echoes the trend of businesses seeking to diversify their assets with tangible and portable solutions like Bitcoin, ensuring resistance against currency depreciation.