Bluebird Mining Ventures Reports Shift Toward Gold and Bitcoin Streaming Model

Bluebird Mining Ventures (LSE:BMV) reported interim results covering its transition from legacy exploration activities toward a business model focused on gold streaming, mining and treasury assets.

During the period, the company expanded its board and advisory team, introduced new incentive arrangements and allocated capital to Bitcoin, tokenised gold and physical gold.

BMV also completed the disposal of its South Korean gold interests. Under the transaction, the company removed its future funding obligations relating to the assets while retaining a 2.5% net smelter return royalty over the Gubong and Kochang projects.

During the half-year, Bluebird raised approximately US$1.55 million through equity fundraisings and reduced its warrant liability.

The company also made its first Bitcoin-linked streaming investment through a 4.8MW mining project in Texas. The project entered production in June and generated initial streaming revenue during the period.

Treasury Assets Total US$696,144

As of 30 June 2026, Bluebird reported digital assets valued at US$696,144, comprising holdings including Bitcoin and tokenised gold. The company also held US$207,429 in cash.

BMV revised its accounting policies during the period with the stated aim of reflecting market values for mining equipment and qualifying digital assets.