Key Highlights:
- AMBTC BV aims to hold 199,079 BTC—1% of Bitcoin’s circulating supply
- Company plans Euronext IPO; details to be revealed in coming months
- Backed by Amdax, first Dutch firm licensed under MiCA and DNB
Amdax Forms AMBTC BV to Acquire 1% of Bitcoin’s Supply
Dutch company Amdax has announced the launch of AMBTC BV, an independent private treasury management firm focused on Bitcoin. The new entity is aiming to eventually hold 1% of Bitcoin’s total circulating supply, equivalent to approximately 199,079 BTC.
According to the official release, AMBTC BV operates independently with its own management team. However, it will retain commercial ties with Amdax, which remains a key strategic backer of the venture.
Amdax is currently in discussions with several unnamed investors in preparation for an initial funding round. In parallel, AMBTC BV is preparing for a public listing on Euronext Amsterdam, one of Europe’s leading stock exchanges.
IPO Plans and Strategic Growth Toward $22B BTC Treasury
The company has stated it will later disclose full details of the initial public offering (IPO)—including issue volume, terms, and participating institutions. Proceeds from the IPO and private fundraising will be used to make the initial purchase of Bitcoin.
Over the long term, AMBTC BV plans to acquire 1% of Bitcoin’s total circulating supply, currently estimated at 19,907,906 BTC. At present prices, this target equates to roughly $22.8 billion worth of BTC.
At the time of writing, Bitcoin is trading below $116,406, according to Binance (BTC/USDT pair via TradingView).
Such a large-scale purchase would place AMBTC BV among the top global Bitcoin treasury holders, and likely make it the largest in Europe by BTC reserves.
Amdax is a regulated virtual asset service provider. It was the first in the Netherlands to receive authorization from the Dutch Central Bank (DNB) and later secured a MiCA license from the Dutch Authority for the Financial Markets (AFM).
Source: https://coinpaper.com/10561/dutch-firm-amdax-launches-bitcoin-treasury-eyes-1-of-btc-supply