According to a recently published press release, the Norwegian mining firm has decided to adopt a Bitcoin btc2.27%Bitcoin treasury strategy in addition to its overall blockchain strategy. The company aims to raise enough funds to establish its own Bitcoin strategy with the help of its corporate partners.

According to the release, the company has set its target at $1.2 billion to purchase BTC and gradually grow its crypto holdings. Unlike other companies in recent months which have set similarly ambitious targets, Green Minerals has not set a clear timeline for when they should be able to reach the $1.2 billion target.