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European Lithium Ltd. ( (AU:EUR) ) has shared an update.
European Lithium Ltd. has announced that Critical Metals Corp has executed up to a $500 million BTC Convertible Note to fund its innovative bitcoin treasury strategy, marking it as the first Nasdaq-listed critical minerals company to adopt BTC as a primary treasury reserve asset. This initiative aims to strengthen Critical Metals’ financial position while aligning with broader governmental bitcoin adoption strategies, further bolstering its role as a reliable partner in secure supply chains, and is expected to enhance shareholder value by providing inflation protection and appreciation potential.
More about European Lithium Ltd.
Critical Metals Corp is a leading mining development company focused on critical metals and minerals, producing strategic products essential for electrification and next-generation technologies for Europe and its western partners. Their flagship asset, the Wolfsberg Lithium Project, is the first fully permitted mine in Europe, strategically located in Austria, and key to the European lithium supply chain. Additionally, the company holds significant interests in rare earth mineral projects, positioning it as a sustainable supplier for defense and clean energy applications.
YTD Price Performance: 125.00%
Average Trading Volume: 91,382
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $71.52M
For detailed information about EUR stock, go to TipRanks’ Stock Analysis page.
