UK Gold Miner ECR Minerals Adopts Bitcoin Treasury Strategy

robot
Abstract generation in progress

ECR Minerals plc, a U.K.-based gold exploration company focused on Australian projects, announced on Aug. 7, 2025, that its board has formally adopted a bitcoin and digital asset treasury management policy.

Gold Miner ECR Adopts Bitcoin Treasury Strategy

Under the non-binding policy, ECR Minerals (LSE: ECR) intends to allocate up to 50% of its future free cash flow from gold production – defined as cash remaining after operational costs, capital expenditures, and debt payments – towards acquiring bitcoin (BTC). Additionally, up to 50% of the company’s surplus cash reserves may also be directed into BTC or select digital assets.

ECR’s move positions bitcoin as a long-term strategic reserve asset. The board cited bitcoin’s unique characteristics, including finite scarcity and global liquidity, viewing it as “digital gold” complementary to the company’s core precious metals business and a potential hedge against inflation and economic uncertainty.

ECR emphasized BTC would function as a modern form of “digital inventory” and provide currency management flexibility. Unlike several of today’s bitcoin treasury firms, ECR disclosed it will not use debt or leverage for purchases, prohibiting speculative trading or derivatives. Strict custody protocols mandate using regulated custodians, multi-signature wallets requiring board-approved signatories, and offline cold storage to mitigate cyber risks.

Up to 15% of the allocated treasury funds may go into yield-generating alternative assets like ethereum (ETH). Implementation hinges on ECR generating surplus cash, particularly as its Blue Mountain Project in Queensland advances towards small-scale gold production. No immediate bitcoin purchases were announced.

The company joins other public firms like Strategy, Twenty One, and Tesla in holding bitcoin as a treasury reserve asset, signaling broader interest in bridging traditional mining with cryptocurrency. A dedicated treasury committee will oversee the policy quarterly.

BTC0.25%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)