Amdax Launches AMBTS: Aiming to Hold 1% of Global Bitcoin on Amsterdam Market

On August 18th, COINOTAG News reported that Amdax, a prominent Dutch cryptocurrency service provider, has embarked on a significant initiative by forming AMBTS B.V. This new entity aims to be recognized as a Bitcoin treasury company and has set its sights on listing on the Amsterdam Market, a notable pan-European securities trading platform. The strategic vision for AMBTS is ambitious: to accumulate a substantial cryptocurrency reserve, targeting 1% of the global Bitcoin supply over the long term. This move underscores Amdax’s commitment to enhancing its market position and fostering institutional adoption of Bitcoin. By implementing a structured approach to treasury management, AMBTS is positioned to play a vital role in shaping the landscape of cryptocurrency investments in Europe, potentially attracting a new wave of institutional interest in digital assets.

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Source: https://en.coinotag.com/breakingnews/amdax-launches-ambts-aiming-to-hold-1-of-global-bitcoin-on-amsterdam-market/