RE: The only time I'd sell....7 Aug 2025 07:18
From www.juniorminingnetwork.com
VANCOUVER, BC, July 16, 2025 /CNW/ - SUPER COPPER CORP. (CSE: CUPR) (OTCQB: CUPPF) (FSE: N60) ("Super Copper" or the "Company"), a mining exploration platform focused on copper, is pleased to announce that it is incorporating Bitcoin into its corporate treasury strategy.
As part of a broader approach to managing corporate reserves, the Company has begun allocating a portion of its excess cash reserves into Bitcoin, recognizing it as a potential store of value and hedge against systemic financial risk. Super Copper joins a growing number of companies integrating digital assets into their treasury frameworks as part of a diversified approach alongside cash, equivalents, and marketable securities.
This initiative is not expected to impact the Company's exploration and development activities, nor does it alter the funding or execution of its planned work programs, including the Phase 2 exploration campaign at its Cordillera Cobre project in Chile. The Company maintains a positive net-working capital position and continues to prioritize capital allocation toward its core copper mining strategy.
Under a strategy approved by the Company's board of directors, Super Copper may allocate up to 20% of its treasury for Bitcoin holdings. The Company will custody its holdings through a regulated, institutional-grade custodian.
"We see Bitcoin as a long-duration, non-sovereign asset that fits within our broader mandate of building a resilient and forward-thinking resource company," said Zachary Dolesky, CEO of Super Copper. "By taking a proactive approach to treasury management, we believe incorporating Bitcoin offers a strategic way to strengthen long-term optionality while remaining fully committed to our copper exploration strategy."
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