🇳🇱 Amdax Raises €20M to Launch Bitcoin Treasury on Euronext

[lingriiddd]

Dutch crypto service provider Amdax has secured €20 million (~$23.3M) in fresh funding to launch a dedicated Bitcoin treasury company on Amsterdam’s Euronext stock exchange.

Enter AMBTS

The new entity, called AMBTS, will operate independently with its own governance. Its bold target?

Accumulate at least 1% of all Bitcoin supply — that’s around 210,000 BTC, currently worth over $23B.

Grow Bitcoin per share for investors by leveraging capital markets and compounding BTC exposure over time.

In other words: AMBTS is positioning itself as a pure-play corporate Bitcoin accumulator.

Corporate Bitcoin Treasuries Are Booming

This isn’t happening in a vacuum. Ever since MicroStrategy (now “Strategy”) pioneered the corporate Bitcoin treasury model, companies across industries have been adding BTC to their balance sheets.

Some notable names beyond the usual suspects:

Tesla (EVs)

KULR Technology (thermal + battery safety)

Aker (Norwegian industrial investment)

Méliuz (Brazilian fintech)

MercadoLibre (LatAm e-commerce giant)

Samara (Malta investment manager)

Jasmine (Thai telecom)

Alliance Resource Partners (US coal producer)

Rumble (Canadian video platform)

Meanwhile, firms dedicated to Bitcoin accumulation keep scooping up supply, steadily reducing liquid BTC in circulation.

Global Bitcoin Accumulation Continues

The Amdax move comes on the heels of other major treasury plays this month:

Metaplanet (Japan): Approved an ~$880M raise, with ~$835M earmarked for Bitcoin.

Sequans (France): Filed for a $200M equity raise to fuel BTC strategy.

Strategy (fka MicroStrategy): Michael Saylor teased yet another August Bitcoin buy — the firm already holds 632,457 BTC (~$69.5B), over 3% of all future supply.

Takeaway

Amdax’s AMBTS isn’t just another treasury experiment — it’s aiming for a systemic position in Bitcoin’s supply dynamics. If successful, it could join Strategy in shaping how institutional capital interacts with BTC scarcity.

Question for the community: Do you see dedicated Bitcoin treasuries as a bullish supply sink… or are they centralizing too much BTC in too few hands?

[Nahid10]

@lingriiddd
This is massive. If AMBTS really pushes toward 1% of BTC supply, the scarcity effect could be huge. We’ve seen what MicroStrategy did with only 3% — more dedicated treasuries piling in means retail supply keeps shrinking. Long-term, this is mega bullish for Bitcoin.

[kelson10]

@lingriiddd
Bullish for scarcity, but I’m not sure I like the idea of huge treasuries centralizing BTC supply. If a handful of companies control multiple % of the supply, Bitcoin becomes less about decentralized ownership and more like a corporate reserve asset.