Greenland's strategic importance is likely to be realized sooner through its military position and potential Arctic trade routes than through its mineral resources, as climate change opens up greater access to the island,

The president said no U.S. adversary would be able to have a military base on the island, in a post on Truth Social.

Denmark and Greenland said their new security agreement with the United States does not change the island's status as a sovereign territory.

Shares of Greenland Energy climbed approximately 153% to roughly $3.04 during Monday’s premarket session. The spike came after President Trump unveiled a security pact between the United States, Denmark,

President Donald Trum says his Greenland deal gives the U.S. permanent control over the island's security while barring China and Russia from Arctic footholds.

Danish Prime Minister Mette Frederiksen said talks are still ongoing after the United States, Greenland and Denmark agreed to negotiate a solution to US President Donald Trump’s demand for control over Greenland.