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Bitcoin Mining: UK Oil and Gas Firm Eyes BTC Treasury

Bitcoin Mining: UK Oil and Gas Firm Eyes BTC Treasury

August 9, 2025Sean JacobsCryptocurrencyBitcoin, U.K., Union Jack Oil

UK Oil Firm Ventures into Bitcoin Mining Union Jack Oil (UJO), a UK-listed onshore hydrocarbon company, has announced a groundbreaking plan to monetize its natural gas production at a discovery site in East Yorkshire through a new Bitcoin mining operation. The company, in a joint venture with Rathlin Energy, has entered into a non-binding agreement…

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