Bluebird Mining Ventures (LSE:BMV) reported its second straight month of revenue generation in June, as the gold streaming, mining and treasury company continues its transition toward a recurring cash flow model.
A Bitcoin streaming agreement brought into operation on 22 June generated approximately US$3,379 in partial-month revenue, the company said.
Beyond the Bitcoin stream, Bluebird conducted small-scale test strategies in decentralised finance (DeFi) markets during June, using a portion of its digital asset holdings to evaluate yield opportunities, assess operational processes and understand smart contract and counterparty risk.
The company is also developing a gold-backed structured liquidity facility aimed at mid-tier and junior gold producers, working alongside refineries, vault providers and legal and regulatory advisers.
The proposed structure would allow producers to access liquidity secured against gold inventory while retaining exposure to future gold price movements, positioning itself as an alternative to traditional streaming or covenant-heavy debt.
The facility is envisaged to be scalable from approximately US$50,000 to over US$100 million, with tenors ranging from one month to five years.
The initiative remains at an early stage and the company said there is no certainty it will be completed or generate revenue.
Gold producers interested in the proposed facility can contact the company at Frontdesk@bmvbtc.com.