Dutch Amdax raises €30 million for Bitcoin treasury AMBTS
- Amdax has raised €30 million to buy Bitcoin through a new company, AMBTS.
- It thus joins the Saylor and Winklevoss companies in creating Bitcoin reserves.
- Previously, the company noted that it planned to control 1% of the asset’s supply.
Dutch crypto company Amdax has completed a €30 million (approximately $35 million) funding round for its new project, Bitcoin treasury firm AMBTS BV, which plans to list on the Euronext Amsterdam exchange. Reuters reported this.
Amdax announced the closing of its seed funding round, noting that the company is now ready to begin a Bitcoin purchasing program. The asset reached a new all-time high this month, surpassing $125,000 per coin.
“Closing this round is a significant milestone for us. We are moving forward with our Bitcoin strategy, aiming to provide investors with transparent access to this unique asset class,” said AMBTS co-founder and CEO Lucas Wensing.
Amdax has previously stated that it intends to control up to 1% of the circulating supply of Bitcoin through AMBTS, which would potentially make it the second-largest corporate owner of the world's first cryptocurrency.
At the end of August 2025, AMBTS announced a €20 million (approximately $23.3 million) investment in the first part of its funding round. At the time, the company clarified that the final closing would take place in September, bringing the total investment to €30 million. The funds raised would be used exclusively for the purchase of Bitcoin, underscoring the company's strategic focus on building a corporate Bitcoin reserve.
It's worth noting that AMBTS will join a number of companies that already hold a portion of their reserves in Bitcoin. These include:
- Dutch company Treasury, which is backed by the Winklevoss brothers;
- American Strive, which has the backing of former US presidential candidate Vivek Ramaswamy;
- Strategy, a company founded by crypto enthusiast Michael Saylor.
Source: cryptonews.net
