The German company Nakiki SE will adopt Bitcoin as its sole treasury asset

AI Summary

According to PANews, the publicly traded German company Nakiki SE (ISIN: DE000WNDL300) has announced plans to fully adopt Bitcoin as its only treasury reserve asset. The company aims to become the first publicly traded firm in Germany to emulate MicroStrategy's business model. Nakiki SE intends to propose a name change and amend its corporate charter at the shareholders' meeting scheduled for the second half of 2025. Currently, the company is in talks with investors to raise funds through a stock issuance to facilitate its Bitcoin allocation.