Bitcoin17 Aug 2025 15:05
Nativo Resources plc (LON:NTVO), a gold-focused mining company with interests in Peru, is pleased to announce the adoption of a Digital Asset Treasury Policy to enhance its approach to capital allocation and balance sheet management.
As Nativo prepares to restart gold mining operations at the Tesoro Gold Concession, the Board has reviewed its treasury policy. Going forward, subject to working capital requirements, a portion of any free cash flow from mining and processing activities and a proportion of the proceeds of any future fundraises, may be allocated to Bitcoin, which will be held as a long-term treasury reserve asset.
The Board believes that exposure to both gold and Bitcoin offers shareholders a unique, diversified hedge against inflation. Bitcoin's fixed supply, decentralised nature, and low correlation with traditional assets position it as a compelling complement to gold, which serves as a reliable store of value. In addition, the Company sees potential to use Bitcoin to accept/make payments to/from counterparties, enhancing financial flexibility.
It should be noted that a growing number of publicly listed companies have adopted digital asset focused treasury strategies, and this has sometimes resulted in significant volatility in their share price and a dislocation between their market capitalisation and the underlying value of their assets.