Mining company Green Mineral has signed a structured funding agreement with LDA capital worth 250 million Norwegian crores. The funds will be used to boost Bitcoin’s Treasury Department.
Through a press release, Deep Sea Mining Firm has been given a put option from the LDA. This allows companies to issue new shares on a flexible basis based on market conditions. Using “in the market” or ATM structures, this agreement deserves a total commitment of 250 million non-cart or approximately $25 million over a year.
Under the contract, the ATM structure also allows green minerals to withdraw capital as needed and optimize shareholder value.
LDA Capital, on the other hand, is given a call option for stock issuance. This means that LDAs can subscribe to up to 1% of the company’s share capital value at a price of NOK 6.95 per share. Subscriptions can be cashed at any time throughout the 12-month period.
If a company is able to raise $25 million from a financial agreement with the LDA, it will be an opportunity to purchase approximately 232.34 BTC (BTC) according to current market prices.
Bitcoin price chart for the past few hours, July 2, 2025 | Source: crypto.news
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At the press conference, the company has accumulated around four bitcoins, but plans to buy more as it continues to roll out its funding initiative for its BTC financial strategy. Meanwhile, BTC sees modest profits as it returns to the $107,000 threshold. So far, we were able to peak at $107,724.
Ståle Rodahl, executive chairman of Green Mineral, said the financial agreement with LDA Capital equips the company with a “strategic mechanism to fund growth” that aligns with its goal of increasing the company’s DIME’s BTC holdings.
“In a dynamic market environment, flexibility and sustainability are important,” Rodard said in a statement.
In early June, the company raised $1.2 billion to buy BTC and established the goal of gradually growing crypto holdings. The company argued that the goal was in line with its commitment to leveraging digital assets for future financial growth.
read more: Norwegian mining company Green Mineral is planning to raise $1.2 billion to establish Bitcoin Treasury Department
