UK Gold Mining Company Bluebird To Convert Gold Revenues Into Bitcoin

Bluebird Mining Ventures Ltd., a development company of the Asian gold project, has recently announced a great strategic change. It provides to convert future revenues from its Bitcoin gold extraction projects and adopt Bitcoin as a treasure reserve resource.

“By adopting a” Gold Plus a Digital Gold “strategy, it offers the company the opportunity to transform the page and look to the future and try to attract a new type of shareholder,” said the executive and CEO of Bluebird Aidan Bishop. “Under the guidance of a new CEO, once identified, it is my sincere hope that Bluebird will finally make its ambitions for which it has been initially established.”

The announcement comes while Bluebird advances towards a key agreement on his Filipino in the top project. The company plans to finalize an agreement in the coming weeks that will grant it an interest of net profit throughout the life of the mine, without current capital costs. The company claimed to believe that Bitcoin offers a modern alternative to the traditional valuable resources shop such as gold.

“I am very happy with the progress of discussions in the Philippines that are very positive and will allow, if completed successfully, Bluebird to maintain an ongoing exposure with zero commitments in future cash,” Bishop said.

Bluebird plans to recycle revenues from its mineral operations directly in Bitcoin, aligning with what they describe as an innovative treasure approach. The company cited the fixed Bitcoin offer of 21 million, increasing global adoption and the role of coverage against inflation and monetary instability as key reasons for its decision.

“Combining income flows from gold extraction projects and recycling of these revenues in a” proactive “Bitcoin management approach …” said the company. “The companies that have adopted Bitcoin in their treasure strategy globally through public markets have enjoyed significant interests of investors and substantial prizes to the value of net activities (Nav) who have challenged traditional financial metrics as an evaluation base”.

To guide this new phase, Bluebird is actively looking for a new CEO with experience in digital resources.

“On a personal level, I embarked on some time ago on a trip to understand and get to know Bitcoin,” added Bishop. “I am convinced that we are witnessing a tectonic change in the global markets and that Bitcoin will remove the panorama of financial markets at all levels”.

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