AMBTS Secures $23.2M to Launch Bitcoin Treasury, Aims for 1% Supply

Amsterdam Bitcoin Treasury Strategy (AMBTS), a new initiative launched by Dutch crypto service provider Amdax, has raised €20 million ($23.2M) in its initial financing round. The funds, secured through private placements, will seed the company’s plan to accumulate and manage bitcoin reserves.

The round, capped at €30M ($34.8M), is expected to close in September 2025. Proceeds will support the creation of one of Europe’s first independent bitcoin treasury companies, with a planned listing on Euronext Amsterdam.

Over the long term, AMBTS aims to build holdings equivalent to 1% of all bitcoin in circulation, positioning itself as a dedicated institutional-scale BTC treasury vehicle.

Notably, Marc van der Chijs, founder of bitcoin miner Hut 8, is among the early backers of the venture.

  • Related Posts

    BTC Steadies at $64K Despite Higher Yields and Surging Oil Prices

    Bitcoin is trading near $64,000 after rebounding from Monday’s $62,600 low, but the recovery has slowed as higher Treasury yields and rising oil prices pressure global risk assets. BTC has…

    Continue reading
    Bitcoin Delivers Rare Outperformance as S&P 500 Falls 0.5%

    Bitcoin broke its recent losing streak against U.S. equities on Monday, delivering a rare session of outperformance versus the S&P 500. BTC rose 2.6% to above $64,000, marking its biggest…

    Continue reading