Gold Mining Company Announces Shift to Bitcoin as Shares Skyrocket 60%
The digital asset industry has seen its prominence grow over the first five months of the year so far. With that expected to continue, companies are looking at ways that they can better embrace the asset class. That happened in a big way as one gold mining company announced a Bitcoin shift that had led their shares to skyrocket. The UK-based Bluebird gold mining firm announced its decision to embrace Bitcoin in what they described as a “strategy shift” toward digital gold. Indeed, the firm noted the change in a post to X (formerly Twitter) that will see the formation of a Bitcoin treasury. Source: Blockchain Legal Resource Also Read: Russia’s Largest Bank Sberbank Unveils Bitcoin-Tied Structured Bonds Gold Mining Company Shifts to Bitcoin as Digital Gold Sits At the Forefront Late last month, JPMorgan bank projected that Bitcoin would outperform gold in the second half of 2025. That was quite the proclamation, considering the yellow metal had surged to continual all-time hig...