Samara Asset Group has announced that it has mandated Pareto Securities to arrange a series of investor meetings in anticipation of a proposed bond issue that will be used to invest in alternative investment funds and increase its Bitcoin holdings.

In the announcement, released on Monday, it said that the issue will consist of up to €30 million in senior secured Nordic bonds. The bonds will be listed on unregulated markets in the Oslo and Frankfurt stock exchanges.

Nordic bonds are a type of corporate bond that are well established as financing instruments in the Scandinavian countries.

The Sliema, Malta-based Samara Asset Group supports emerging asset managers and builders while holding Bitcoin for the long term as its primary treasury reserve asset.

“We are excited by the prospect of placing this Bond and look forward to using the proceeds to acquire more Bitcoin and continue to seed the world’s best emerging managers,” said Patrick Lowry, Samara CEO.

“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.”

Christian Angermayer, member of Samara’s Advisory Committee, said, “Our mission at Samara is to drive humanity forward through innovation by seeding the world’s best managers and builders. With this new dry powder, we are excited to invest in and partner with the builders of tomorrow’s most disruptive technologies and grow our Bitcoin position.”