š German listed company Samara plans to issue $33 million in bonds to promote a new Bitcoin reserve strategy! š
German listed company Samara Asset Group announced that it will adopt a similar strategy to MicroStrategy to increase its Bitcoin holdings. The company's CEO Patrick Lowry said that they plan to use the Bitcoin they hold as a treasury reserve asset and intend to issue bonds worth 30 million euros (32.8 million U.S. dollars) to buy more Bitcoin.
Patrick Lowry also admitted that although he was not sure whether this strategy was completely feasible, he dreamed of hoarding as much Bitcoin as MicroStrategy. Currently, Samara holds 421 Bitcoins and plans to increase its reserves to 1,000 by the end of 2024.
It is worth noting that not only American companies such as MicroStrategy, Square (Block) and Galaxy Digital, or Japan's Metaplanet, but now even Germany's Samara is implementing a Bitcoin reserve strategy. This not only reflects the company's optimism about the long-term value of Bitcoin, but also reflects the growing influence of cryptocurrencies in the global financial system.
As the world's attention to Bitcoin continues to increase, we are witnessing a possible global competition. Not only is it a competition between global companies, I believe that in the next few years, Bitcoin's reserve strategy may also become a new battlefield for competition between countries. This is undoubtedly an exciting development trend.
š¬ Do you already own at least one Bitcoin? In this global digital currency competition, owning at least one Bitcoin may make you one of the top 10% of the world's wealth in the future. Think about it, isn't it a little exciting?
If you are still working towards this goal, then keep going! If you have achieved this goal, we welcome you to share your joy and investment experience in the comment section.
