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Listed German Company Raises $32.8 Million For Bitcoin, Aims To Rival Saylor

  • Samara Asset Group, a German investment firm, plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance.
  • The capital raise aims to expand the company's investment portfolio and significantly increase its Bitcoin holdings to potentially rival MicroStrategy.
  • Pareto Securities is mandated as the sole manager to arrange the bond issuance, which will be listed on the unregulated markets of Oslo and Frankfurt Stock Exchanges.
  • The bond proceeds will be used to acquire additional limited partnership stakes in investment funds and increase Samara's position in Bitcoin as its primary treasury reserve asset.

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