Amdax, a leading Dutch cryptocurrency service provider, has raised €20 million ($23.3 million) in its initial funding round to launch AMBTS, a Bitcoin treasury company set to list on Amsterdam’s Euronext stock exchange. This bold move underscores the growing trend of corporate Bitcoin adoption worldwide.
AMBTS Targets 1% of All Bitcoin
According to Amdax, AMBTS aims to accumulate 1% of Bitcoin’s total supply, which equals about 210,000 BTC. At current prices, this target represents over $23 billion in Bitcoin. The company intends to use capital markets to scale its Bitcoin holdings, enhance equity appreciation, and increase Bitcoin per share for its investors.
This ambitious plan positions AMBTS alongside global giants like Strategy (formerly MicroStrategy), which pioneered the corporate Bitcoin treasury model.
Why Companies Are Building Bitcoin Treasuries
The Bitcoin treasury strategy has gained significant traction since MicroStrategy’s early adoption in 2020. Multiple firms now see Bitcoin as a store of value and hedge against inflation, driving accumulation at the corporate level.
Beyond Bitcoin-focused firms, companies from tech, e-commerce, energy, and finance sectors have started adopting this model, including:
- Tesla – U.S. electric vehicle manufacturer
- MercadoLibre – Latin America’s largest e-commerce platform
- Aker – Norwegian industrial investment firm
This growing adoption reduces BTC circulating supply, adding upward pressure on long-term demand and price.
Global Bitcoin Accumulation Heats Up
The Amdax announcement comes amid a surge in Bitcoin treasury moves globally:
- Metaplanet (Japan) approved an $880M share issuance for BTC purchases.
- Sequans Communications (France) filed for a $200M offering to fuel its Bitcoin strategy.
- Strategy, the largest corporate BTC holder, now controls 632,457 BTC worth $69.5B, accounting for over 3% of Bitcoin’s total supply.
With Amdax’s AMBTS targeting 1% of all Bitcoin, the corporate Bitcoin race is accelerating. As more companies leverage capital markets to accumulate BTC, scarcity could drive the next major bull cycle.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.