BIG: Dutch Firm Amdax Eyes 1% of Bitcoin Supply with Euronext Listing
๐ณ๐ฑDutch crypto service provider Amdax is launching AMBTS B.V., a Bitcoin $BTC treasury company set to list on Euronext Amsterdam. The firmโs long-term goal is ambitious: to accumulate 1% of all Bitcoin in circulation, which would require over $24 billion at current prices.
AMBTS will raise capital in stages, using proceeds to expand holdings and increase Bitcoin-per-share value for investors. Amdax, the first Dutch crypto provider registered with the central bank and among the first with a MiCA license, said the time is right as over 10% of Bitcoinโs supply is already held by corporations, governments, and institutions.
At least 15 European companies currently hold $BTC in their treasuries, signaling a growing wave of corporate Bitcoin adoption across the continent.
๐ช๐บ๐ฅ Europe is in crypto strong! ๐ช๐ช๐บ
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