Dutch cryptocurrency service provider Amdax is set to launch a new venture, AMBTS B.V., aiming to establish a Bitcoin treasury company with a listing on Euronext Amsterdam. This move signifies a growing trend of European companies embracing Bitcoin as a treasury reserve asset, mirroring strategies seen in the US.
Amdax's Ambitious Bitcoin Treasury Goal
Amdax is establishing AMBTS B.V. as a privately held, independent entity with the ambitious goal of becoming a "1% Bitcoin treasury company." This means AMBTS intends to accumulate at least 1% of the total Bitcoin supply in circulation over time. At current market prices, this would represent a significant investment exceeding $24 billion. The company plans to raise capital through staged market offerings to expand its Bitcoin holdings, thereby increasing equity value and Bitcoin-per-share metrics for its investors.
Regulatory Milestones and Market Positioning
Amdax has a strong regulatory foundation, having been the first crypto service provider to register with the Dutch Central Bank in 2020. More recently, it secured a Markets in Crypto-Assets Regulation (MiCA) license from the Dutch Authority for the Financial Markets (AFM). This licensing positions Amdax and its new venture, AMBTS, to operate within the evolving European regulatory landscape for digital assets.
Growing Corporate Adoption of Bitcoin
Lucas Wensing, CEO of Amdax, highlighted the increasing institutional interest in Bitcoin, noting that over 10% of the total Bitcoin supply is now held by corporations, governments, and institutions. He believes this trend makes it an opportune moment to establish a dedicated Bitcoin treasury company. Several European companies, including Bitcoin Group and Smarter Web Company, have already publicly announced their adoption of Bitcoin on their balance sheets.
Key Takeaways
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Amdax is launching AMBTS B.V. to create a Bitcoin treasury company.
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The company aims to list on Euronext Amsterdam.
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AMBTS has a long-term goal of holding 1% of all Bitcoin in circulation.
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Amdax is a regulated Dutch crypto service provider with a MiCA license.
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The move reflects a broader trend of corporate Bitcoin adoption in Europe.
Capital Raising and Future Outlook
Amdax and AMBTS plan to raise initial capital from private investors to kickstart the Bitcoin accumulation strategy. The company is in advanced preparations for an initial public offering on Euronext Amsterdam. Bitcoin's performance over the past decade, significantly outperforming traditional assets like the S&P 500 and gold, further supports the rationale behind such treasury strategies.
Sources
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Dutch firm Amdax plans Bitcoin treasury listing on Euronext Amsterdam — TradingView News, TradingView.
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[Amsterdam-based crypto services provider Amdax launches AMBTS to list Bitcoin treasury on Euronext Amsterdam
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Silicon Canals](https://siliconcanals.com/amdax-launches-ambts/), Silicon Canals.
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Amdax initiates Amsterdam Bitcoin Treasury Strategy (AMBTS), Persberichten.com.
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Amdax Plans Bitcoin Treasury Firm AMBTS on Euronext Amsterdam - News and Statistics, IndexBox.
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Dutch crypto firm Amdax aims to launch Bitcoin treasury company on Euronext, Yahoo Finance.
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