Dutch cryptocurrency firm Amdax has secured €20 million ($23.3 million) to launch a groundbreaking Bitcoin treasury company, targeting an ambitious 1% of all Bitcoin supply. This strategic move positions Amsterdam as a emerging hub for institutional digital asset adoption.
Amdax’s Bitcoin Treasury Vision
Amdax’s newly formed company, AMBTS, aims to accumulate approximately 210,000 BTC. This represents 1% of Bitcoin’s total eventual supply. The company plans to list on Amsterdam’s Euronext stock exchange. Multiple investors participated in the initial financing round. AMBTS will operate as an independent, privately held entity with separate governance.
The Growing Corporate Bitcoin Treasury Trend
Corporate Bitcoin treasury strategies gained momentum after MicroStrategy demonstrated their viability. Numerous companies now actively accumulate Bitcoin as treasury assets. Major adopters include:
- Tesla – US electric vehicle manufacturer
- MercadoLibre – Latin American e-commerce leader
- Rumble – Canadian video-sharing platform
- Alliance – US coal producer
Recent Bitcoin Treasury Developments
Japanese firm Metaplanet recently approved an $880 million fundraising plan. Nearly $835 million will fund Bitcoin purchases. French semiconductor company Sequans Communications filed for a $200 million equity offering. This capital will fuel their Bitcoin treasury strategy. MicroStrategy continues leading the space with 632,457 BTC holdings.
Market Impact and Circulation Effects
Corporate Bitcoin accumulation significantly reduces circulating supply. This creates upward price pressure through scarcity. The trend demonstrates growing institutional confidence in Bitcoin’s long-term value. Companies leverage capital markets to increase Bitcoin holdings systematically. This strategy generates equity appreciation for shareholders.
FAQs About Bitcoin Treasuries
What is a Bitcoin treasury?
A Bitcoin treasury refers to companies holding Bitcoin as part of their corporate reserves instead of traditional cash or bonds.
Why are companies adopting Bitcoin treasuries?
Companies use Bitcoin as a hedge against inflation and currency devaluation while seeking potential capital appreciation.
How does Amdax’s plan compare to other Bitcoin treasuries?
Amdax aims for 1% of total supply, while MicroStrategy currently holds over 3% of all Bitcoin that will ever exist.
What are the risks of corporate Bitcoin treasuries?
Rights include Bitcoin’s price volatility, regulatory changes, and technological risks associated with digital asset storage.
How do Bitcoin treasuries affect the overall market?
They reduce circulating supply, potentially increasing scarcity and supporting long-term price appreciation.
Can individual investors participate in Bitcoin treasury strategies?
Yes, through purchasing shares of publicly traded companies that hold Bitcoin in their treasuries.
