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Gold Miner’s Announce Transition to Bitcoin: Sends Stock Soaring 60 Percent

by Blitz
June 6, 2025
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  • Bluebird, a UK gold mining firm, shifted its strategy toward Bitcoin, announcing the creation of a BTC treasury using its gold revenue — a first for a publicly listed UK miner.
  • The company’s stock surged 60% following the move, highlighting investor enthusiasm as Bitcoin continues to gain ground as a “digital gold” alternative.
  • Analysts and major firms predict Bitcoin will outperform gold, and Bluebird’s pivot could spark a broader trend as traditional companies look to embrace crypto.

A Gold Miner Bets Big on Bitcoin — And Investors Are Loving It

So, here’s the twist: a gold mining company just decided to pivot into Bitcoin… and the market kinda loved it. UK-based Bluebird, traditionally in the business of digging up literal gold, is now shifting gears toward what many call digital gold. And guess what? Their shares? Up 60% — just like that.

The move was announced on X (yeah, Twitter-but-not-Twitter) where Bluebird called it a “strategy shift.” Sounds pretty polished, but underneath that phrase is a big bet — the formation of a full-blown Bitcoin treasury. That means some of their gold revenue won’t go into drills or shovels anymore — it’ll go straight into BTC. Wild? Maybe. But also kinda genius.

🇬🇧 UK’s Bluebird Mining Ventures is going full Bitcoin.

They’ll be converting future gold mining revenues into $BTC.

From mining gold to stacking sats.

The Bitcoin standard is creeping in quietly

Will BTC outshine gold long-term? pic.twitter.com/ZReuOpYkHK

— Crypto King (@CryptoKing4Ever) June 5, 2025

Why Digital Gold Is Starting to Shine Brighter

If you blinked, you might’ve missed it — Bitcoin’s been on an absolute tear this year. Analysts at JPMorgan even came out swinging, predicting Bitcoin would outperform gold in the second half of 2025. Bold claim, especially since gold’s been clocking record highs lately. But the numbers don’t lie: Bitcoin already hit $111,000 not long ago, and the buzz around global adoption is only getting louder.

This shift by Bluebird is probably just the start. Traditional firms — once cautious, even dismissive — are slowly, and sometimes suddenly, turning to crypto to future-proof their strategies. And for Bluebird? That decision instantly made them the first publicly listed mining company in the UK to commit to a Bitcoin treasury. Not a small move.

A Glimpse at What Comes Next

With legacy finance loosening up, and crypto regulation slowly taking shape, more companies might follow suit. Bluebird’s stock spike was a loud, clear signal that investors are paying attention. They like this kind of forward-thinking — even if it comes from an old-school gold miner.

At the core of it, Bitcoin’s narrative as “digital gold” isn’t just marketing anymore. It’s becoming part of real-world strategies. Whether this sets off a wave of similar shifts remains to be seen… but the fuse might’ve already been lit.

Tags: BitcoincryptoFinanceopinin
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