Panther Metals Plc has announced a significant Bitcoin treasury strategy, planning to invest £4 million ($5.4 million) in Bitcoin to facilitate the acquisition of the Pick Lake mining deposit in Ontario, Canada. The company aims to use £1.3 million ($1.75 million) worth of Bitcoin from its treasury as collateral for this purchase, thus enhancing its exposure to Bitcoin while combining traditional mining assets with digital holdings. CEO Darren Hazelwood highlighted the strategy's dual benefits, suggesting Bitcoin acts as 'productive capital' that can support high-quality mining projects without diluting shareholder equity. He also noted Bitcoin's potential as a hedge against inflationary risks. This innovative approach has resonated with investors, as Panther's stock surged by 21% on the London Stock Exchange, with a remarkable overall increase of 125% in the past month. The Pick Lake deposit, part of the Winston Project, is considered an advanced-stage polymetallic property, crucial for various industrial applications. The trend towards Bitcoin treasury adoption is growing among corporations, with significant purchases being made in recent weeks.

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