PANews reported on August 18 that according to Reuters, Amsterdam-based cryptocurrency service provider Amdax announced plans to launch a Bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) and listPANews reported on August 18 that according to Reuters, Amsterdam-based cryptocurrency service provider Amdax announced plans to launch a Bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) and list
Dutch firm Amdax plans to launch a Bitcoin treasury on Euronext, aiming to hold at least 1% of all Bitcoin.
PANews reported on August 18 that according to Reuters, Amsterdam-based cryptocurrency service provider Amdax announced plans to launch a Bitcoin treasury company called AMBTS (Amsterdam Bitcoin Treasury Strategy) and list it on the Euronext exchange in the Netherlands.
Amdax CEO Lucas Wensing stated that with over 10% of the Bitcoin supply currently held by businesses, governments, and institutions, the time is ripe for the company to promote strategic Bitcoin reserves. Bitcoin has surged 32% this year, reaching a record high, fueled by positive regulatory developments and support from US President Trump. AMBTS plans to raise capital through private financing, with the long-term goal of holding at least 1% of the total Bitcoin supply.
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