3 hours ago
Amsterdam Bitcoin Treasury Strategy (AMBTS), established by Dutch crypto-asset work supplier Amdax, has raised €20 cardinal ($23.2 million) successful its archetypal financing round. The funding, secured done backstage placements, volition effect the company’s bitcoin accumulation strategy. The round, capped astatine €30 cardinal ($34.8 million), is expected to adjacent successful September 2025.
The proceeds volition enactment AMBTS’s program to found 1 of the archetypal autarkic bitcoin treasury companies successful Europe, with a listing connected Euronext Amsterdam. Over the agelong term, AMBTS aims to turn its holdings to astatine slightest 1% of each bitcoin successful circulation.
Marc van der Chijs, laminitis of bitcoin miner Hut 8, is among the aboriginal backers.
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