Bluebird Mining Ventures Ltd. It is a company to develop Asian gold projects recently Declare A major strategic shift. It plans to convert future revenues from gold mining projects into Bitcoin and build Bitcoin as the origin of the treasury reserve.
“By adopting the” gold in addition to digital gold “, it provides the company with an opportunity to turn the page and search into the future and seek to attract a new type of shareholder.” “Under the leadership of the new CEO, as soon as it is determined, Al -Sadiq’s hope is that Bluebird finally realize his aspirations that were initially created.”
This advertisement comes with Bluebird’s progress towards a major agreement on its pioneering Filipino project. The company expects to finalize an agreement in the coming weeks that will give it a net benefit to profit throughout the life of the mine, with no continuous capital costs. The company said it believes that Bitcoin provides a modern alternative to the traditional store of value assets such as gold.
“I am very pleased with the progress of discussions in the Philippines that seem very positive and will be able, if successfully completed, Bluebird to maintain constant exposure with a zero -safer cash obligatory,” said the bishop.
Bluebird plans to recycle revenues from their mining operations directly to Bitcoin, and is compatible with what they describe as an innovative wardrobe approach. The company cited the fixed bitcoin supplies of 21 million, which increased global adoption, and the role as a hedge against inflation and cash instability as major reasons for its decision.
The company said: “The combination of income flows from gold mining projects and recycling of these revenues in the” Bitcoin in the Treasury “proactive …” “The companies that adopted Bitcoin have enjoyed the treasury strategy worldwide through public markets, enjoying great attention to investors in addition to large installments for the net asset value (NAV) that challenges traditional financial measures as a basis for evaluation.”
To lead this new stage, Bluebird is actively looking for a new executive director with experience in digital assets.
“On the personal level, I started a time ago on a journey to understand and get to know Bitcoin,” Bishop added. “I am convinced that we are witnessing a tecton shift in the global markets and that Bitcoin will reshape the financial market scene at every level.”
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