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The latest update is out from Bluebird Merchant Ventures ( (GB:BMV) ).
Bluebird Mining Ventures Ltd. has announced a strategic funding and governance agreement, securing a £2 million funding facility with a 0% interest rate to support its new Bitcoin Treasury strategy. The company plans to draw an initial £1 million to purchase Bitcoin, marking a significant step in its strategy to combine physical gold and digital gold investments. Additionally, the company is strengthening its leadership team with the appointment of Sath Ganesarajah as Non-Executive Chairman, leveraging his extensive experience in crypto assets and institutional capital markets. This move is expected to enhance Bluebird’s market positioning and drive its ambition to grow into a £1 billion company.
More about Bluebird Merchant Ventures
Bluebird Mining Ventures Ltd. is a pan Asian gold project development company operating within the mining sector. The company focuses on developing gold projects and is now venturing into digital assets, specifically Bitcoin, as part of its strategic growth initiatives.
Average Trading Volume: 20,052,130
Technical Sentiment Signal: Buy
Current Market Cap: £10.36M
Find detailed analytics on BMV stock on TipRanks’ Stock Analysis page.