Samara Asset: makes a donation to Brink to fund ongoing Bitcoin development
Malta, 28/04/2023. Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR), is pleased to announce a donation of $150,000 to Brink Technologies, a charitable Bitcoin development community that strengthens the Bitcoin protocol and network through fundamental research and development. Samara has committed to continue this donation for the next three years to fund the annual salary of a developer who contributes to the growth and development of the Bitcoin network.
Unlike all other tier-1 crypto protocols, which usually have either a foundation or corporate entity supporting its development, Bitcoin stands alone with no such organization overseeing its continued development. Its creator, the pseudonymous Satoshi Nakamoto, disappeared about a decade ago, leaving the Bitcoin community responsible for its own development. In his absence, many individuals have organized themselves to contribute to Bitcoin’s ongoing development. Charities, such as Brink’s, have become a popular method for donors to contribute with the proceeds used to fund the annual salary of a Bitcoin developer.
“At Samara, we believe the future of global capital markets is decentralized and democratized, with Bitcoin playing an important role in the development of this inclusive financial world,” said Patrick Lowry, CEO of Samara. “We are proud to support Bitcoin builders, not only by investing in many of the world’s best companies building infrastructure for Bitcoin, but now by donating to Brink to fund a developer for the next three years. It is my sincere hope that other public companies that believe in Bitcoin will join Samara in this initiative so that Bitcoin can continue to flourish.”
With this donation, Samara further demonstrates his commitment to seeing the Bitcoin community flourish. Samara shares are currently traded on several German exchanges, including Börse Düsseldorf, Xetra, Gettex and Tradegate. To increase trading liquidity and reach new potential shareholders, Samara continues to explore an international listing.
About Samara Asset Group plc
Samara Asset Group (ISIN: MT0001770107; Ticker: SRAG:GR) is a deep technology driven alternative asset manager with a hyper focus on alpha generating strategies and Bitcoin. We are leveraging our robust balance sheet for many of the world’s top Bitcoin infrastructure companies, such as B1, Northern Data and Deutsche Digital Assets, to see new asset managers on the Samara Alpha platform and support the world’s best Bitcoin developers.
Samara was co-founded by Christian Angermayer’s family office, Apeiron Investment Group, crypto legend Mike Novogratz, and is led by CEO Patrick Lowry. We believe the future of finance lies in decentralization and democratization, empowered by Bitcoin.
Media contact:
Samara Asset Group plc
66/67, Beatrice, Amery Street,
Sliema, SLM 1707, Malta
https://samara-ag.com/
Email: [email protected]
