Samara Asset Group, a publicly listed German investment firm, has announced plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance. The capital raise is aimed at expanding the company’s investment portfolio and significantly increasing its Bitcoin holdings, positioning it to potentially rival Michael Saylor’s MicroStrategy.

$32.8 Million In Bonds To Buy Bitcoin

The company has mandated Pareto Securities as the sole manager to arrange a series of fixed-income investor meetings. The bond issuance, subject to market conditions, is intended to be listed on the unregulated markets of the Oslo and Frankfurt Stock Exchanges. The private placement requires a minimum subscription and allocation amount of €100,000.

The bond will be issued by Samara Asset Group p.l.c., with a newly formed special-purpose vehicle (SPV), Samara Asset Holdings Ltd., pledged in favor of the bond and acting as the guarantor. This structure leverages the Nordic bond framework, which is known for its flexibility and investor-friendly terms.

“The proceeds from the bond are intended to expand Samara’s diversified investment portfolio by acquiring additional limited partnership stakes in alternative investment funds, as well as increase its position in Bitcoin, which Samara uses as its primary treasury reserve asset,” the company stated in its official press release.

Patrick Lowry, CEO of Samara Asset Group, expressed enthusiasm about the bond issuance: “We are excited by the prospect of placing this bond and look forward to using the proceeds to acquire more Bitcoin and continue to seed the world’s best emerging managers. The proceeds will allow Samara to further expand and solidify its already robust balance sheet as we diversify into new emerging technologies through new fund investments. With Bitcoin as our primary treasury reserve asset, we also enhance our liquidity position with bond proceeds.”

Chri

Go to Source to See Full Article
Author: Jake Simmons