The leading publicly listed German firm, Samara AG has recently announced its plan to add more Bitcoin to its portfolio. Notably, this move has sparked widespread optimism in the market, especially as BTC price soared past the brief $64,000 mark today. Besides, the firm also revealed its strategy to acquire more of the flagship crypto to match the level of Michael Saylor’s MicroStrategy.
Germany’s Samara AG To Increase Its Bitcoin Holdings
A recent report on Samara AG has caught the eyes of the investors, showing the firm’s plan to increase its Bitcoin treasury. The German firm focuses on solidifying its position as a major player in the crypto space issuing €30 million in bonds to fund its Bitcoin acquisition.
Source: Bitcoin Magazine, X
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 Saylor’s MicroStrategy, which has gained notable traction lately.
The post Just-In: Germany’s Samara AG To Buy €30 Mln In Bitcoin Emulating MicroStrategy appeared first on CoinGape.
