Disclaimer: BTC Inc. It is the parent company of both Bitcoin Magazine and Bitcoin Amsterdam.
Bitcoin Magazine PRO and Samara Asset Group have announced the Bitcoin Alpha contest, a pioneering initiative aimed at discovering the next bitcoin fund manager. The winner of the competition will receive $1 million in seed capital and operating infrastructure to launch their own fund, with a date announced at Bitcoin Amsterdam Conference in October 2023.
The contest provides an opportunity for budding managers and hedge funds to pitch their investment strategies to high net worth bitcoin investors and dedicated institutional investors, as well as network with the bitcoin community.
Christian Kirolls, Managing Director of BTC Inc. And the organizer of the Bitcoin Amsterdam conference, expressed his excitement about the competition’s potential to democratize investment and engage with the vibrant Bitcoin community, saying that the competition “will enable emerging managers and hedge funds to showcase their strategies to a web of high-profile Bitcoin investors and institutional speculators.”
Samara Asset Group CEO Patrick Lowry highlighted the growing interest in bitcoin among the world’s financial minds. “We at Samara are excited to meet budding asset managers and look forward to seeding the absolute best in the $1 million Bitcoin Alpha competition,” Lowry commented. Samara Asset Group is an alternative asset manager with an “overemphasis on alpha and bitcoin generation strategies.”
The competition format includes an open window for submissions from June 20 to July 31, followed by a process of vetting and announcing the finalists in September and October. The winner will be announced on the main stage at Bitcoin Amsterdam on October 12, 2023. Those interested in learning more about the contest can visit https://b.tc/conference/bitcoin-alpha.