London BTC Expands Gold Portfolio with Second Nevada Project Acquisition

Key Facts

In a move reflecting a strategic shift toward asset diversification, London BTC has announced the acquisition of its second gold project in the United States through its subsidiary, Tethered Gold LLC. The company staked 18 mineral claims covering 371.88 acres in Pershing County, Nevada. This expansion follows promising initial sampling at the Amonett-Frank site, which returned high grades of up to 52.66 g/t gold and 88.3 g/t silver.

This expansion comes as Bitcoin mining firms increasingly seek to hedge against digital market volatility through physical assets, with London BTC following an industry trend of integrating precious metals into corporate treasuries. Per market data, Nevada remains a premier investment destination due to its stable regulatory environment, explaining the company's focus on increasing its land footprint to complement its core mining and treasury operations.

Investors should watch for further exploration results from Pershing County to determine the full economic viability of the site. According to the economic calendar, the market is awaiting speeches from the ECB's Lagarde and Fed officials Barkin and Bowman later today, June 11, 2026, which could impact gold and dollar pricing, subsequently affecting small-cap mining valuations.