Amdax Launches Bitcoin Treasury Firm on Euronext Amsterdam

Dutch crypto firm Amdax is venturing into the world of bitcoin treasuries by establishing an independent firm, AMBTS B.V., on Euronext Amsterdam. This move follows a growing trend of U.S.-based companies incorporating BTC within their corporate holdings. 📚 The new company will aim to hold 1% of all Bitcoin in circulation. To fund its operations, AMBTS is planning to raise capital in multiple stages, seeking support from private investors. 🙌 Amdax, the first crypto provider to be registered with the Dutch Central Bank in 2020 and holding a Markets in Crypto-Assets (MiCA) license from the Dutch Authority for the Financial Markets, has established itself as a leading player in the European crypto market.