BREAKING
246d 21h ago

Bluebird Mining Ventures to Convert Future Gold Mining Revenue into Bitcoin Treasury Strategy

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

Bluebird Mining Ventures, a publicly traded gold mining firm in the UK, has announced a strategic shift towards integrating Bitcoin into its treasury management. As reported by Bitcoin Magazine on June 5th, the company intends to allocate proceeds from upcoming mining projects directly into Bitcoin holdings. This move underscores a growing trend among traditional mining enterprises to diversify reserves by incorporating digital assets. By converting future revenue streams into Bitcoin, Bluebird Mining Ventures aims to leverage the cryptocurrency’s potential as a store of value amid fluctuating commodity markets. Industry analysts view this development as a significant step in bridging conventional mining operations with the evolving crypto economy, highlighting the increasing institutional adoption of blockchain-based financial instruments.

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