PowerBank Geddes Solar go back Bitcoin Treasury
PowerBank don activate dia biggest U.S property, the 3.79MW Geddes Solar Project for New York. The land weh dem change from dump site now dey supply power to about 450 houses every year. This launch still mark PowerBank Bitcoin treasury plan start, where dem go use Geddes net cash flows to build Bitcoin reserve. The Bitcoin treasury plan make dem fit keep earning for asset wey no dey relate to market, and get chance to appreciate long term. Dem never buy any BTC yet. Management go decide when and how much to buy based on market level, money needs and law matters. Dem dey review custody systems. The Geddes Project be pilot to expand this hybrid model across PowerBank 1GW solar and battery storage line, mix renewable energy leadership with financial innovation.
Bullish
PowerBank wey dey use Bitcoin treasury strategy don bring new institutional demand source for BTC. By channel dem net cash flow from renewable assets go Bitcoin, di company dey show say dem serious with digital assets wey no dey correlate, we fit encourage other energy companies to follow di same style. For short term, no immediate BTC buy mean say e no go really affect price directly, but market people fit see di announcement as good omen for Bitcoin medium to long-term prospects. Over time, if dem fit scale dis model across 1GW pipeline, e fit mean plenty BTC demand wey go put pressure make price rise. Plus, to join solar power earnings with crypto treasury management align with growing trend for sustainable Bitcoin mining and ESG-focused crypto investments. Dis junction fit attract investors wey get mind for environment, boost market stability, and diversify Bitcoin investor base. Overall, dis news dey give positive signals, showing renewable energy companies as potential new drivers for Bitcoin demand.