Bitcoin Treasury Startup Raises $147 Million, Aims for Euronext Listing

A new Bitcoin treasury company, Treasury, has secured €126 million in private funding to jumpstart its Bitcoin holdings. Led by prominent investors Winklevoss Capital and Nakamoto Holdings, the fund will be used to purchase over 1,000 Bitcoin (BTC) for the company’s “Bitcoin treasury.” Treasury plans to list on Euronext Amsterdam through a reverse listing by merging with lender MKB Nedsense. This approach allows private companies to acquire stock exchange listings without meeting full listing requirements by joining with already-listed firms.