Panther Metals shares soar 21% on Bitcoin accumulation strategy

Panther Metals Plc, a UK-listed mineral exploration company, saw its stock surge 21% after announcing plans to purchase £4 million ($5.4 million) worth of Bitcoin (BTC), according to Cointelegraph. The company also plans to use £1.3 million ($1.75 million) in BTC from its treasury as collateral to complete the acquisition of the Pick Lake mining deposit in Ontario, Canada.