UK Miner’s Plan to Convert Gold Revenue to Bitcoin Sends Stock Higher

Bluebird Mining Ventures, a UK-listed gold mining company, announced on June 5 that it will convert its gold income into Bitcoin as part of a new “Bitcoin in Treasury” strategy.

This innovative approach recycles revenue from gold mining projects into digital gold while keeping corporate costs low.Following the announcement, Bluebird’s stock surged, rising more than 60% by June 5, 9 a.m. EST. This marks a notable move as the first publicly listed mining company in the UK to adopt such a strategy.

Clever Robot News Desk 8^th June 2025