Nashville, June 20, 2023 - Bitcoin Magazine PRO, a leading source of Bitcoin analytics, information, and insights, is thrilled to unveil the Bitcoin Alpha competition in partnership with the Samara Asset Group. This groundbreaking competition aims to identify the next top Bitcoin fund manager and provide them with an exceptional opportunity to launch their own fund with the support of industry experts. Samara Alpha will award the winner $1 million USD in seed capital as well as provide all operational infrastructure to run a successful fund, allowing the winning fund to focus solely on generating alpha. The winner will be announced at the Bitcoin Amsterdam conference in October 2023. The Bitcoin Alpha Competition provides a chance for emerging managers and hedge funds to showcase their strategies to high-net-worth Bitcoin investors and institutional allocators. It aims to democratize investing and connect with the Bitcoin community. "We are excited to introduce the Bitcoin Alpha Competition, which will empower emerging managers and hedge funds to showcase their strategies to high-net-worth Bitcoin investors and institutional allocators," said Christian Keroles, BTC Inc. General Manager the Bitcoin Amsterdam conference organizer. "This competition represents a significant step towards democratizing investing and engaging with the vibrant community of Bitcoin investors, builders, and leaders." "Many of the world's finest financial minds are discovering the potential of Bitcoin. They are creating intriguing investment strategies, leveraging Bitcoin's upside potential, as well as managing its volatility, to maximize risk-adjusted returns. We at Samara are excited to meet these emerging asset managers and look forward to seeding the best of the best with $1 million in the Bitcoin Alpha Competition,” said Patrick Lowry, Samara Asset Group CEO.
Bitcoin Alpha Competition Format: The open-application window for submissions will be from June 20 - July 31. Once the submission window has closed, a vetting process will be ongoing until finalists are announced in September/October. The winner of the competition will be announced on the main stage at Bitcoin Amsterdam on October 12, 2023. More information can be found here: LINK
About Samara Asset Group p.l.c.:
Samara Asset Group is a deep-tech powered alternative asset manager with a hyperfocus on alpha-generating strategies and Bitcoin. We leverage our robust balance sheet of many of the world’s pre-eminent Bitcoin infrastructure companies, such as B1, Northern Data, and Deutsche Digital Assets, to seed emerging asset managers on the Samara Alpha Management platform and back the world’s best builders in Bitcoin. Samara was co-founded by Christian Angermayer’s family office, Apeiron Investment Group, and 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.
About Bitcoin Magazine:
Since 2012 Bitcoin Magazine has been the most trusted source of news, information, and expert commentary on Bitcoin. Providing analysis, research, education, and thought leadership at the intersection of finance, technology, and culture. They are also the organizer of the cryptocurrency industry's largest annual event – The Bitcoin Conference. This annual global Bitcoin Conference has grown tremendously since it began in San Francisco in 2019. Next Bitcoin Conference is going to be held in July 2024 in Nashville, USA. In October 2023 Bitcoin Amsterdam is coming to the European market once again.
About Bitcoin Magazine PRO:
Bitcoin Magazine PRO® publishes in-depth research focused on bitcoin and traditional financial markets. Our team of experts covers macroeconomics, on-chain analytics, derivatives markets, the bitcoin mining industry, and more to unpack the most important market trends for readers.