Dutch crypto firm Amdax targets 1% Bitcoin supply with $23M treasury launch
Dutch cryptocurrency service provider Amdax has raised €20 million (about $23.3 million) to launch AMBTS, a dedicated Bitcoin treasury company that it plans to list on Amsterdam’s Euronext. The financing was secured from multiple investors in an initial round to capitalise the new vehicle.
AMBTS will be established as an independent, privately held company with its own governance. Its stated ambition is to accumulate at least 1% of the total supply of Bitcoin that will ever exist—roughly 210,000 BTC—an amount that is currently valued at more than $23 billion.
The company intends to use capital markets to grow its Bitcoin holdings over time, with the goal of generating equity appreciation and increasing Bitcoin per share for shareholders, subject to market and other conditions.
The launch of AMBTS follows a broader trend of corporate Bitcoin treasuries that gained prominence after firms like MicroStrategy demonstrated the model’s viability. In recent years a number of public and private companies outside the pure-Bitcoin space have begun to accumulate BTC, including Tesla, KULR Technology, Aker, Méliuz, MercadoLibre, Samara, Jasmine, Alliance, and Rumble.
Other recent treasury moves cited alongside Amdax’s plan include major capital raises and share offerings explicitly intended to fund Bitcoin purchases. At the time of the report, Strategy (formerly MicroStrategy) remained the largest corporate Bitcoin holder, with holdings in the hundreds of thousands of BTC, representing a multi-billion-dollar treasury and a notable share of the total Bitcoin supply.
