As the senior analyst at CoinDesk, James specializes in Bitcoin and the macro environment. Previously, his role as a research analyst at Swiss hedge fund Saidler & Co. introduced him to on-chain analytics. He monitors ETFs, spot and futures volumes, and flows to understand Bitcoin.
The bond proceeds will fund acquisitions in alternative investment funds and increase Samara's bitcoin position.
The 30 million euro bond will be listed on both the Oslo and Frankfurt stock exchanges with a minimum subscription of $109,000. Samara has mandated Pareto Securities as the sole manager to organize multiple fixed-income investor meetings. The bond would be a senior secured Nordic bond and the proceeds will be used to expand Samara's diversified portfolio, which includes buying additional stakes in alternative investment funds and increasing its bitcoin holdings.The bond would be issued by Samara Asset Group p.l.c. with Samara Asset Holdings Ltd., a special purpose vehicle , serving as the bond guarantor.
Patrik Lowry, CEO of Samara, emphasized the importance of the bond, saying,"“The proceeds will allow Samara to further expand and solidify its already robust balance sheet as we diversify into new emerging technologies through new fund investments. With Bitcoin as our primary treasury reserve asset, we also enhance our liquidity position with bond proceeds.”..
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