MicroStrategy has captured attention in the financial world by acquiring a total of 252,220 Bitcoin $91,594 since 2020. The company’s leader, Michael Saylor, has inspired many global firms with these investments.
Samara AG Adds Bitcoin as a Primary Reserve Asset
Japan-based Metaplanet joined this trend by purchasing a total of 639.5 BTC since April 2024. Metaplanet’s investments demonstrate their belief in the long-term value of cryptocurrencies.
Germany-based Samara Asset Group (SRAG) emerges as the latest institutional investor to add Bitcoin to its primary reserve assets. The company plans to expand its Bitcoin holdings based on market conditions and aims to issue a Nordic bond worth 30 million Euros. This move seeks to support Bitcoin investments and grow alternative funds.
More Companies Are Taking Notice
Samara AG CEO Patrik Lowry stated about the company’s Bitcoin strategy, “We are always HODLers, and we believe technology drives humanity forward.” However, the exact amount of Bitcoin Samara currently holds has not been disclosed. Yet, it is evident that both Samara and Metaplanet have embraced Michael Saylor’s “buy and hold” approach.
As these two companies drew attention with their Bitcoin purchases, their stock prices also surged. Following the recent announcements, Samara’s shares on the Frankfurt Stock Exchange rose by 27.75%, reaching 2.44 Euros. This development indicates a positive market response to institutional Bitcoin investments.
Initiated by MicroStrategy, Bitcoin investments are attracting more companies’ attention. The moves by firms like Metaplanet and Samara reinforce the role of crypto assets in institutional investments. Experts emphasize that expectations are growing for Bitcoin to secure a larger place in the financial world.