Bluebird Mining Ventures, LSE: BMV

[shinnosuke]

Check out this news release from Bluebird Mining Ventures, a gold miner listed on the London Stock Exchange:

BEGIN QUOTE
"5 June 2025

Bluebird Mining Ventures Ltd., a pan Asian gold project development company, is pleased to announce a strategic update...

Gold has various industrial uses as well as being used for jewellery. Gold has been considered as a ‘store of value’ for centuries and to this day, central banks worldwide, buy and store gold. However, golds’ position as a store of value has been under threat due to the rising global adoption of bitcoin, which some commentators have described as ‘digital gold’ and many have even cited its superiority over gold as a store of value. Some of the reasons for the rising adoption of bitcoin is as a response to expansive monetary policy by central banks, high debt-to-GDP ratios globally, rising geopolitical tensions and continued concerns about persistent inflation.

New bitcoin is mined using bitcoin mining machines, known as bitcoin miners, which are specialised designed to solve complex mathematical puzzles. These machines use powerful hardware. Miners are rewarded for their efforts with newly created bitcoin and transaction fees. There is a hard cap to the total number of bitcoin and there will only ever be 21,000,000 bitcoin.

The Company believes there is an opportunity to augment its strategy whereby it can seek to convert future revenues from its mining projects into bitcoin – essentially converting gold to ‘digital gold’. Furthermore, in addition to this, the Company intends to adopt a policy of holding bitcoin on its balance sheet as a treasury reserve asset and will make further announcements regarding this in due course.

The Company can report that in sync with this new approach it is actively seeking to identify a new CEO with experience in the sphere of digital assets that can spearhead this initiative. In this regard, several discussions with potential persons are taking place and ongoing.

Bluebird Executive Director and Interim CEO Aidan Bishop said, “On a personal level, I embarked some time ago on a journey to understand and learn about bitcoin. I am convinced that we are witnessing a tectonic shift in global markets and that bitcoin will reshape the landscape of financial markets on every level.

“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. Under the leadership of a new CEO, once identified, it is my sincere hope that Bluebird will finally realise its ambitions for which it was initially established for.”

END QUOTE

The foregoing is financial news and not financial advice. I do not own any Bluebird shares, nor do I intend to buy any.

Interesting, eh? Gold and digital gold can peacefully exist on the same balance sheet. Whoda thunk it?

If you want some free Bitcoin, I can show you how to get it.

[shinnosuke]

This is the mindset of the leadership at Japan's Metaplanet mentioned in another thread. It doesn't matter what the company products/services were originally, just add some Bitcoin to the Assets column.

If you want some free Bitcoin, I can show you how to get it.