Amsterdam-Based Firm Launches Bitcoin Treasury Aiming for 1% of Supply

Dutch cryptocurrency firm Amdax is setting its sights on a bold ambition: establishing a Bitcoin treasury company targeting 1% of the total Bitcoin supply. This strategy aligns with the growing trend of corporate and institutional interest in cryptocurrencies as long-term reserves. The launch of Amsterdam Bitcoin Treasury Strategy (AMBTS) will capitalize on this rising global demand for Bitcoin, according to CEO Lucas Wensing. The company plans to list its securities on Euronext Amsterdam, raising capital from private investors to fund its ambitious venture. 1% of the total Bitcoin supply, around 210,000 BTC, is AMBTS’s target goal. This bold move echoes Metaplanet’s similar strategy aiming for 1% of the Bitcoin supply by 2027. The company joins a growing cohort of public companies betting on Bitcoin’s future as it seeks to cement itself in the rapidly evolving landscape of cryptocurrencies.