TLDR:Bluebird acquires 756 BTC miners with 63.7 PH/s in £200K equity swap deal.Firm eyes up to 30 BTC in three years via streaming deal, with zero added cost.£2M facility expected to close in July, half allocated to Bitcoin purchases.New CEO and leadership shift to align with crypto-focused asset strategy.Bluebird Mining Ventures is taking bold steps in reshaping its asset strategy with a new approach combining gold and Bitcoin. The company recently completed a transaction involving 756 Bitcoin mining units and is advancing plans for a streaming arrangement that could produce up to 30 BTC over three years. This move is part of its wider effort to build long-term value through structured exposures across both traditional and digital assets. Additionally, Bluebird aims to close a £2 million funding facility this month, with £1 million designated for Bitcoin acquisition. The developments signal a calculated pivot towards a hybrid gold-and-Bitcoin treasury structure.Bluebird Strategic Move into Bitcoin MiningBluebird confirmed the acquisition of 756 ASIC Bitcoin miners, consisting of Bitmain and Canaan models, with a combined hashrate of 63.7 PH/s. The machines were obtained through a £200,000 equity swap, which management believes could yield strong returns. The equipment is now positioned for a potential streaming deal, expected to secure future Bitcoin output without further capital outlay.The firm indicated that the anticipated arrangement may deliver over 30 Bitcoins to the company within a three-year window, subject to final terms and network performance. Align Research highlighted this move, describing it as part of Bluebird’s broader effort to disrupt the evolving digital asset space.According to the official update, Bluebird expects no further expenses related to the projected Bitcoin production. This aligns with its goal to apply structured commercial strategies that maintain balance sheet efficiency. The model mirrors Bluebird’s structure on a recent gold project in the Philippines, where it secured a 10% profit share along with milestone-based bonuses.Sath Ganesarajah, the newly appointed Chairman, said the shift reflects a deliberate plan to generate asymmetric returns across both gold and Bitcoin assets. He noted that intelligent structuring remains a central element in the company’s financial strategy.Treasury Strategy Blends Physical Gold with Digital AssetsBluebird’s new dual-asset framework blends traditional gold investments with Bitcoin holdings, setting it apart from peers. The company aims to use streams, equity swaps, and direct exposure to position itself across both markets. The strategy involves expanding its treasury with uncorrelated assets to support long-term growth.Ganesarajah confirmed a broader update will follow, alongside plans to finalize a £2 million funding facility announced in June. Half of this funding is expected to go toward direct Bitcoin purchases, reinforcing the company’s commitment to digital asset integration.Bluebird also hinted at leadership changes, with a new CEO set to be announced by month-end. The leadership shake-up aligns with the company’s evolving direction toward crypto-integrated mining and structured asset development. More updates are expected as it advances toward executing its financing and operational plans.The post Bluebird Mining Ventures Merges Bitcoin and Gold in Treasury Overhaul with Strategic Pivot appeared first on Blockonomi.