
Bluebird Mining Ventures Merges Bitcoin and Gold in Treasury Overhaul with Strategic Pivot
In a bold move to reshape its asset strategy, Bluebird Mining Ventures has announced the integration of both gold and Bitcoin into its treasury structure. The company has completed a transaction involving 756 ASIC Bitcoin miners and is now advancing plans for a streaming arrangement that could generate up to 30 Bitcoins over the course of three years.
This significant shift in direction marks a deliberate pivot towards a hybrid gold-and-Bitcoin treasury strategy, as the firm seeks to build long-term value through structured exposures across both traditional and digital assets. The move comes amid rising demand from investors for diversified portfolios that incorporate both precious metals and cryptocurrencies.
Under this new approach, Bluebird aims to position itself as a pioneer in the evolving digital asset space by applying a commercial model that maintains balance sheet efficiency. This strategy mirrors the company’s structure on a recent gold project in the Philippines, where it secured a 10% profit share along with milestone-based bonuses.
The acquisition of 756 Bitcoin miners, consisting of Bitmain and Canaan models, was made possible through an equity swap valued at £200,000. The acquired assets are now poised to generate a potential streaming deal that will secure future Bitcoin output without further capital outlays. This move allows Bluebird to achieve its goal of maintaining a balanced sheet position while still benefiting from the growth potential of digital assets.
As part of this strategic pivot, the company is also shifting its leadership structure. A new CEO is expected to be announced by month-end, as the company aligns itself with its evolving direction towards crypto-integrated mining and structured asset development.
The move has been welcomed by market analysts, who see it as a bold step in the right direction for investors seeking diversified exposure to gold and Bitcoin.
Source: blockonomi.com