Samara Asset Group to Issue €30M Bond to Boost Bitcoin Holdings

Oct 14, 2024, 11:01 AM

German publicly-listed company Samara Asset Group plans to issue a €30 million ($32.8 million) bond to increase its Bitcoin holdings. The bond, managed by Pareto Securities, is a senior secured Nordic bond. Samara Asset Group aims to use the proceeds to bolster its Bitcoin treasury and acquire limited partner stakes in funds. CEO Patrick Lowry expressed aspirations to accumulate as much Bitcoin as prominent investor Michael Saylor.