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Germany’s Samara Asset Group (SRAG) is set to energize the cryptocurrency sector by issuing a €30 million bond, aimed primarily at expanding its bitcoin reserves. With Pareto Securities orchestrating the process as the sole manager, this senior secured Nordic bond will finance the acquisition of additional stakes in alternative investment funds and boost the company’s bitcoin holdings. Patrik Lowry, CEO of Samara, highlights this strategic move to solidify their financial base and venture further into emerging technologies.
Bitcoin, as Samara’s primary treasury reserve asset, underscores the firm’s commitment to digital currency. The proceeds from the bond issue will not only enhance Samara’s liquidity but also strengthen its diverse investment portfolio. The bond, guaranteed by Samara Asset Holdings Ltd., will be available for subscription on the Oslo and Frankfurt stock exchanges, starting from a minimum of €100,000.
Expressing his optimism, Lowry took to X to share his vision, affirming Samara’s long-term strategy in cryptocurrency. “We are forever #HODL’ers and believe technology best drives humanity forward!” This initiative marks a significant step towards integrating traditional financial strategies with the innovative realm of cryptocurrencies.
