Amdax Raises €30M to Launch Amsterdam Bitcoin Treasury Aiming 1% BTC Holdings
Amdax Raises €30M to Launch Amsterdam Bitcoin Treasury Aiming 1% BTC Holdings

Amdax Raises €30M to Launch Amsterdam Bitcoin Treasury Aiming 1% BTC Holdings

News summary

Dutch cryptocurrency firm Amdax has raised €30 million to launch the Amsterdam Bitcoin Treasury Strategy (AMBTS), a regulated Bitcoin treasury company aiming to integrate Bitcoin into European financial markets. AMBTS plans to accumulate at least 1% of the total Bitcoin supply, roughly 210,000 BTC, positioning itself as a major player in the global Bitcoin treasury landscape. The funding round was oversubscribed, reflecting strong institutional interest, and the company intends to list on Euronext Amsterdam to offer investors transparent and compliant exposure to Bitcoin. CEO Lucas Wensing highlighted the milestone as a significant step toward providing investors with regulated access to this digital asset class. AMBTS aims to capitalize on Bitcoin's recent record-high prices and growing adoption among corporations, governments, and institutions by focusing on long-term accumulation through structured capital market activities. This initiative is part of a broader trend of companies building Bitcoin treasuries for financial optimization and enhanced transparency.

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