Amdax, the Dutch crypto asset service provider, has launched AMBTS, a standalone Bitcoin treasury company with €20 million, which is around $23.3 million in seed funding. The new venture aims to secure 1% of the total Bitcoin supply, around 210,000 BTC, to create a euro-based counterweight to global corporate Bitcoin holders.
CEO Lucas Wensing announced that investors had already committed the minimum funding target, with a final close of €30 million expected by September 2025. The capital will fuel initial Bitcoin acquisitions, with an eventual public listing on Euronext Amsterdam planned.
AMBTS represents a strategic shift for Amdax, moving from facilitating Bitcoin investments to accumulating BTC directly. If successful, it would place the company among the largest global corporate holders. Still, competition is intense — 178 publicly traded companies already hold nearly 990,000 BTC collectively. Amdax’s initiative reflects growing European ambition to secure a stronger foothold in the global Bitcoin treasury landscape.
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