đšGermanyâs Samara AG To Buy âŹ30 Mln In Bitcoin Emulating MicroStrategyđ„
Germanyâs Samara AG To Increase Its Bitcoin Holdings
A recent report on Samara AG has caught the eyes of the investors, showing the firmâs plan to increase its Bitcoin treasury. The German firm focuses on solidifying its position as a major player in the crypto space issuing âŹ30 million in bonds to fund its Bitcoin acquisition.
Notably, this bold move makes the firm a favorite for the crypto market enthusiasts, while positioning it among firms that have heavily invested in BTC. Besides, it also mirrors the strategy of Michael Saylorâs MicroStrategy, which has gained notable traction lately.
Meanwhile, in a recent interview, Michael Saylor revealed his plan to make MicroStrategy the largest Bitcoin Bank. Following that, the MSTR stock has also risen significantly, gaining the investorsâ attention.
On the other hand, the Germanâs CEO Patrick Lowry has lauded the latest development of the firm, while affirming the companyâs long-term commitment to BTC. He said that it is planning to hold Bitcoin and increase its reserves significantly. Besides, he expressed the firmâs goal to accumulate as much BTC as MicroStrategy. He stated, âIt would be a dream to stack as much as Michael Saylorâs firm.â
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