Executive Summary
The Story So Far
Why This Matters
Who Thinks What?
Dutch crypto firm Amdax has successfully raised approximately $23.3 million in an initial financing round for its new Bitcoin treasury company, AMBTS. The newly formed entity aims to list on Amsterdam’s Euronext stock exchange and embark on an ambitious mission to accumulate 1% of the total Bitcoin supply, positioning itself as a significant institutional holder in the cryptocurrency market.
AMBTS’s Strategic Vision
AMBTS is established as an independent, privately held company with its own governance structure. The $23.3 million secured in this initial round will serve as foundational capital to kickstart its operations and begin its accumulation strategy.
The company’s core strategy involves leveraging traditional capital markets to progressively increase its Bitcoin holdings. This approach is designed to generate equity appreciation for shareholders by growing the amount of Bitcoin held per share over time.
Ambitious Accumulation Target
A key objective for AMBTS is to accumulate at least 1% of all Bitcoin ever created. Given Bitcoin’s fixed supply cap of 21 million coins, this target translates to approximately 210,000 BTC.
At current market valuations, this substantial Bitcoin holding would be worth over $23 billion, underscoring the scale of AMBTS’s long-term aspirations within the digital asset space.
The launch of AMBTS by Amdax, coupled with its substantial fundraising and ambitious accumulation target, signals a growing trend of traditional financial structures being adapted for large-scale Bitcoin investment and treasury management within Europe’s capital markets.