The German company Nakiki SE has decided to use Bitcoin as its sole treasury reserve asset, aiming towards a business model like MicroStrategy.
Nakiki SE plans to change its name and adjust the company's charter in 2025, while negotiating to issue additional shares to raise capital for purchasing Bitcoin.
MAIN CONTENT
Nakiki SE becomes the first German company to list using Bitcoin as a strategic treasury asset.
The plan to change the name and amend the charter at the shareholders' meeting in the second half of 2025.
Currently negotiating with investors to issue new shares to raise capital for Bitcoin investment.
What has Nakiki SE decided regarding Bitcoin?
The CEO of Nakiki SE affirms that using Bitcoin as a single treasury reserve asset demonstrates a long-term strategic commitment and leverages the financial advantages of cryptocurrency. This is the first step in the listed business sector in Germany towards the model of MicroStrategy – a U.S. company known for its large-scale Bitcoin accumulation policy.
The comprehensive adoption of Bitcoin aims to optimize asset value, create opportunities for profit increase, and protect capital against fluctuations in traditional currency markets.
Nakiki SE is committed: "Bitcoin is a strategic treasury reserve asset, loyal to the long-term vision of sustainable development and increasing shareholder value."
Mr. Thomas Becker, CEO of Nakiki SE, 8/7/2024
What does the plan to change the name and adjust the company's charter mean?
According to the announcement, Nakiki SE plans to present to shareholders the approval of a name change and amendment of the company's charter at the 2025 annual meeting to align with a business model centered on Bitcoin as a key asset. A response from the management emphasized that this is a necessary legal preparation step to clearly demonstrate operational goals and enhance the company's transparency with the investment market.
This adjustment helps solidify the company's position in the stock market and enhance access to capital due to widespread recognition of strategic Bitcoin investment.
How does Nakiki SE raise capital to invest in Bitcoin?
Currently, the company is in the process of negotiating with investors to issue new shares to increase the Bitcoin investment fund. This move demonstrates a strong financial commitment while providing an opportunity for investors to participate directly in the cryptocurrency-driven reserve asset strategy.
This event is positively evaluated by analysts and could set a precedent for other listed companies in Europe to adopt a similar model, while also contributing to the promotion of Bitcoin acceptance in corporate financial activities.
"The fact that Nakiki SE is raising capital to invest in Bitcoin through share issuance is a clear testament to the growing appeal of digital assets in corporate financial management strategies."
Financial analyst Luca Meier, 7/2024
Comparison of Bitcoin investment strategies between Nakiki SE and MicroStrategy
Features Nakiki SE (Germany) MicroStrategy (USA) Type of company Listed on the German stock exchange Listed on the U.S. stock exchange (NASDAQ) Treasury asset policy Bitcoin as the sole asset Bitcoin as the main asset but not completely excluding cash Timing of adoption Expected in the second half of 2025 Starting from 2020 Capital raising Issuing new shares to buy Bitcoin Issuing convertible bonds and debt to buy Bitcoin Bitcoin investment scale Not precisely announced Currently holding over 130 thousand BTC
Frequently Asked Questions
When will Nakiki SE change its name? The shareholders' meeting is expected to be held in the second half of 2025 to decide on the name change and charter amendments. Why did Nakiki SE choose Bitcoin as its sole treasury asset? Bitcoin is seen as a store of value and has good growth prospects, helping to protect capital and increase long-term profits. What is the purpose of issuing new shares? To raise capital for Bitcoin investment, strengthening financial resources for the new business strategy. Will Nakiki SE's model influence other companies? This model could become a new standard, encouraging European businesses to adopt Bitcoin investment strategies. What are the risks of Bitcoin investment for Nakiki SE? Risks arise from cryptocurrency price fluctuations and legal policies; however, the company has plans to control and manage these risks tightly.
Source: https://tintucbitcoin.com/bitcoin-la-tai-san-du-tru-nakiki/
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