Samara Asset Group plc
SRAG🇲🇹Leveraged
Malta-incorporated, Germany-listed investment holding company focused on venture capital, alternative investment funds, and Bitcoin as a primary treasury reserve asset. Issued Europe's first Bitcoin Bond in Nov 2024, raising EUR 20M to acquire BTC and fund investments.
BTC Holdings
87 BTC
Insufficient history
Stock Price
€2.36
180d
Total financing
35.34M EUR
Insufficient history
mNAV
41.06x
180d
Leverage
631.6%
180d
BTC Credit
2334 bps0.2x
Sats/Share
95
180d
Mkt cap
215.76M EUR
Shares
91.42M
Fiat reserve
2.16M EUR
Total reserve
7.41M EUR
Dilution
0.0%
Coverage
2.7 yr
BTC mix
57%
Analytics
BTC Coverage
Financials
IFRSSemi-AnnualAs of 2025-06-30
Balance Sheet
Total Assets€290.6M
Total Liabilities€36.8M
Stockholders' Equity€253.8M
Cash & Equivalents€2.2M
Total Debt€33M
Digital Assets€8M
Income Statement
Revenue€-951.5K▼115.3%
Operating Income€-2.9M▼148.1%
Net Income€-4.6M▼197.3%
Interest Expense€1.7M▲34.0%
Cash Flow
Operating Cash Flow€1.8M▼71.7%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| SRAG-Nov29 | Nov '24 – Nov '29 | 9.656% | 20.00M EUR | 20.00M EUR | 0.3x |
| SRAG-BkLn | — | — | — | 15.34M EUR | 0.2x |
| Total | 35.34M EUR | ||||