- Amdax raises €20 million for AMBTS and prepares a listing on Euronext Amsterdam.
- AMBTS sets a long-term objective to hold at least 1% of all bitcoin, equal to about 210,000 BTC.
Dutch crypto-asset provider Amdax has established Amsterdam Bitcoin Treasury Strategy, or AMBTS, and secured €20 million in initial commitments to capitalise the vehicle while it prepares for a listing on Euronext Amsterdam.
AMBTS to seek Euronext Amsterdam listing after first-round financing
Amdax said the first financing round met its minimum goal and is expected to remain open until September 2025 with a cap of €30 million.
Proceeds are earmarked to begin a systematic bitcoin accumulation programme once the listing is complete. The company describes AMBTS as an independent treasury entity that will tap capital markets to expand its holdings over time.
The initiative comes as Amdax operates under the European Union’s MiCAR regime, which the firm says it adopted in June 2025. The regulatory footing is intended to support outreach to private and institutional investors in the euro area.
Target equals 210,000 BTC and implies multi-year market execution
AMBTS has articulated a long-term ambition to own a minimum of 1% of total bitcoin supply, equivalent to roughly 210,000 BTC. At prevailing market levels that represents funding requirements of about $23 billion, underscoring that the strategy will depend on staged capital raising and disciplined execution rather than immediate purchases.
In corporate treasury terms, a 1% objective would place AMBTS among the largest single non-sovereign holders if achieved. Public companies collectively hold close to one million BTC, led by MicroStrategy with more than 600,000 BTC, according to industry tallies that aggregate disclosures and on-chain data.
Amdax states that AMBTS will pursue equity appreciation alongside growth in bitcoin per share for investors, subject to market conditions. The listing route on Euronext Amsterdam is designed to broaden access to euro-denominated capital and to provide secondary liquidity, which could support periodic issuance aligned with accumulation windows.
Timelines are tied to market readiness and regulatory approvals. The company emphasises that forward-looking statements remain subject to risks and may change with conditions in digital asset markets and broader capital markets.
The launch adds to a growing set of bitcoin treasury structures that span public companies, private firms and exchange-traded products. Aggregate holdings by listed entities already account for a material share of circulating supply, a context in which AMBTS’s programme will compete for coins and capital.
At the time of press, Bitcoin (BTC) stood at $108,783.00, reflecting a $3,964.00 decrease (~–3.52%) from the previous day’s closing price.
