Nakiki SE recently announced a groundbreaking shift in its financial strategy, revealing its plan to hold only Bitcoin 
$77,196 as its cash reserve asset. With this bold step, Nakiki SE aims to become the first publicly traded company in Germany to implement a “pure Bitcoin treasury” strategy. Inspired by Michael Saylor’s approach, Nakiki SE’s decision comes amid a growing trend where companies globally are integrating similar strategies, further fueling demand for Bitcoin.
Bitcoin Reserve Company: A Strategic Shift
According to the company’s statement, during the general meeting scheduled for the second half of 2025, a proposal will be made to amend the company’s name and revise its business objectives. To bankroll its Bitcoin purchases, Nakiki SE is conducting talks with significant investors and contemplating a capital increase through share issuance. The announcement included the note, “Steps towards forming a Bitcoin portfolio have been taken following meetings with potential investors, banks, and Bitcoin experts today.”
Rising Interest in Bitcoin in Germany
Recently, an increasing number of German companies have started adding Bitcoin to their reserve portfolios. Evertz Pharma GmbH exemplifies this trend; it announced its Bitcoin acquisition for reserves in the early months of 2025, aiming to fortify financial resilience, according to the company’s General Manager, Dominik Evertz.
“Our mission is to advocate natural beauty based on scientific foundations. The same foresight informs our financial strategy: Bitcoin, as a scarce and globally transactable asset, supplements our reserves and fortifies our company’s long-term robustness,” Evertz stated.
A Unique Approach in Germany
Besides Nakiki SE, other public firms in Germany also hold Bitcoin in their balance sheets. Bitcoin Group SE serves as an example; however, it doesn’t embrace a reserve strategy focusing solely on Bitcoin, as Nakiki SE does. Nakiki SE strives to pioneer among listed companies in Germany by keeping only Bitcoin as its cash asset.
Globally, the inclusion of Bitcoin as a reserve asset in company balance sheets is flourishing. By 2025, over 256 institutions worldwide have added Bitcoin to their balance sheets. This shift has transcended Germany, becoming a widespread movement.
Nakiki SE’s recent steps denote a fundamental change in its business model. Alongside its strategic transformation aim, information about the company’s impending name and scope updates has been shared with investors, who are seen as vital contributors through their feedback.
This approach offers enterprises seeking alternatives to traditional reserve and investment methods with new avenues. As public understanding of transparency and long-term investment increases, similar actions may ensue by other firms. Today, Bitcoin as an alternative to cash and equivalents distinguishes itself as a strategic tool for balance sheet management.
What exactly is the rationale behind creating a Bitcoin reserve? Though not often voiced, the logic stands as follows:
- You issue shares to acquire BTC.
- Your share price ascends.
- More shares and debt support further BTC acquisitions.
- Your share value multiplies anomalies linked to BTC reserves.
- Share valuation soon eclipses BTC reserves multiple times, staying buoyant due to limited public-trading entities resembling Bitcoin ETFs.
- Additional debt issuance, BTC acquisitions, and share price ascendance lead your company to growth unprecedented, all while doing nothing substantial operationally.
No one has yet achieved this in Turkey, in fact not many internationally, but getting in on such firms early might be lucrative under the crypto hype. It could be we’re witnessing one of the biggest bubbles inflating recently. The next bear market may well begin due to this bubble’s burst. We’ll perhaps one day wake to reserve companies significantly selling BTC, driving prices down while also holding vast short positions, mirroring their equity price surge. When the time comes, we may refer back to this discussion that was had on July 8, 2025.
The spread of corporate-level Bitcoin strategies encourages greater digital asset presence in balance sheets. Companies are initiating these steps for reasons like enhancing long-term financial stability and reserve diversification. These recent developments in Germany reflect not only a domestic trend but a global inclination towards Bitcoin gaining significance in corporate reserve policies. In the coming days, government strategies, legislative adjustments, and decisions by market players will determine this trend’s trajectory.
