TechFlow, June 23 — Panther Metals Plc (stock code: PALM) announced on June 23 the successful establishment of a Bitcoin reserve account and plans to leverage digital asset-backed mechanisms to finance the acquisition of the Pick Lake deposit project. In an interview with StockBox Media, company CEO Darren Hazelwood said, "We've been waiting for the right moment, and that moment is now," expressing his belief that this move lays "a very strong foundation for a growth phase." Panther Metals' initiative marks a traditional mining company's exploration into innovative financing models that combine physical commodity assets with digital currencies.
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