Bluebird Mining Ventures Ltd. has announced a strategic pivot towards integrating bitcoin into its financial management, planning to convert revenues from its gold mining projects to bitcoin as a treasury asset. CEO Aidan Bishop emphasizes this move aims to modernize the company and draw in new shareholders. This transition coincides with significant progress on its flagship project in the Philippines, where a pivotal agreement is forthcoming that would allow Bluebird to gain profit interest with zero capital costs. The company reasons that bitcoin's fixed supply and growing adoption make it a compelling alternative to gold.
By adopting a 'gold plus a digital gold' strategy, it offers the Company an opportunity to turn the page and look to the future and seek to attract a new type of shareholder.
I am very pleased with the progress of discussions in the Philippines which are looking very positive and will enable, if successfully completed, Bluebird to maintain an ongoing exposure with zero future cash commitments.
Combining income streams from gold mining projects and recycling these revenues into a proactive 'Bitcoin in Treasury' management approach...Companies that have adopted bitcoin into their treasury strategy globally across public markets have been enjoying significant investor interest.
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