Nazia Saeed
- Amdax raises $23.3 million to launch AMBTS, a Bitcoin treasury company aiming to hold 1% of all Bitcoin
- Corporate Bitcoin treasuries are on the rise, with companies like Tesla, Aker, and MercadoLibre accumulating Bitcoin for reserves
- Metaplanet, Sequans Communications, and MicroStrategy continue to lead the trend, further tightening Bitcoin’s circulation
Amdax, a Dutch cryptocurrency service provider, has successfully raised €20 million ($23.3 million) to establish AMBTS, a Bitcoin treasury company set to list on Amsterdam’s Euronext stock exchange. The funding round included multiple investors and will support AMBTS’s mission to acquire 1% of all Bitcoin ever created, roughly 210,000 BTC, currently valued at over $23 billion.
AMBTS: A corporate Bitcoin treasury with ambitious goals
AMBTS will operate as an independent, privately held entity with its own governance structure. According to the company, it plans to leverage capital markets to grow its Bitcoin holdings, generating both equity appreciation and an increase in Bitcoin per share for investors, depending on market conditions.
AMBTS intends to leverage the capital markets to increase its Bitcoin holdings and sequentially generate equity appreciation and grow Bitcoin per share for its shareholders, subject to market and other conditions, the announcement stated.
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Corporate Bitcoin treasuries on the rise
The concept of corporate Bitcoin treasuries gained widespread attention when MicroStrategy (then Strategy) demonstrated the viability of holding large BTC reserves. Since then, a growing number of public and private companies have begun accumulating Bitcoin, both as a reserve asset and as part of broader investment strategies.
Notable firms holding Bitcoin today include:
- Tesla (US electric vehicles)
- KULR Technology (US thermal and battery safety)
- Aker (Norwegian industrial investment firm)
- Méliuz (Brazilian fintech)
- MercadoLibre (Latin America’s leading e-commerce platform)
- Samara (Malta-based investment manager)
- Jasmine (Thai telecom)
- Alliance (US coal producer)
- Rumble (Canadian video-sharing platform)
Companies like AMBTS, which are exclusively focused on Bitcoin accumulation, continue to significantly increase their holdings, thereby reducing Bitcoin’s available circulation.
Recent corporate Bitcoin acquisitions
Bitcoin treasury growth remains strong globally. Recent examples include:
- Metaplanet (Japan), Approved an $880 million overseas share issuance, with $835 million allocated for Bitcoin purchases.
- Sequans Communications (France), Filed for a $200 million at-the-market equity offering to fund Bitcoin accumulation.
- MicroStrategy (US), Signaled another Bitcoin acquisition in August, marking the company’s third purchase of the month. MicroStrategy currently holds 632,457 BTC, valued at over $69.5 billion, representing more than 3% of all Bitcoin ever mined.
These moves demonstrate a continuing trend of corporate adoption, reinforcing Bitcoin’s role as a strategic treasury asset.
