Amdax has raised €30 million to launch AMBTS, a Bitcoin treasury company going public in the Netherlands.
AMBTS will immediately begin purchasing BTC, with the aim of providing exchange-traded exposure through deployed reserves.
This move follows US treasury models such as MicroStrategy, with Europe now accelerating its own adoption.
Dutch crypto company Amdax has completed a €30 million funding round to launch AMBTS, a Bitcoin Treasury company that will list on the Dutch stock exchange. The announcement came Tuesday, just as Bitcoin passed $125,000. According to CEO and co-founder Lucas Wensing, AMBTS will immediately start buying BTC.
“The conclusion of this round is an important milestone,” said Wensing. “We are now moving forward with our bitcoin strategy, with the aim of providing investors with transparent access to this unique asset class.”
The funding gives AMBTS a clear runway to accumulate Bitcoin for its reserves. Amdax plans to operate AMBTS as a pure treasury vehicle, similar to how MicroStrategy operates in the US. The company will invest its BTC through institutional custodians and provide exposure through listed equities.
Bitcoin treasury strategies have gained popularity in the US since 2020. MicroStrategy owns over 200,000 BTC. Strive, backed by Vivek Ramaswamy, and Strategy (MSTR.O), led by Michael Saylor, have also built up large reserves. More than 40 US publicly traded companies now hold Bitcoin on their balance sheets.
Europe is starting to follow suit. Treasury BV, backed by the Winklevoss twins, has started accumulating BTC from its base in the Netherlands. Amdax’s AMBTS adds a new player to the growing list of Bitcoin-first companies in the region.
The timing is no coincidence. Bitcoin has risen more than 10% in the past month, driven by ETF inflows and rising institutional demand. Government bond-backed vehicles such as AMBTS provide investors with exposure without the complexity of portfolios or custody.
Amdax expects AMBTS to begin trading before the end of the year. The company says its strategy will focus on long-term accumulation, not short-term speculation. With the round closed and Bitcoin at record highs, AMBTS enters the market with momentum.
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