Dutch Firm Amdax Targets 1% of Bitcoin Supply with New Euronext-Listed Entity

A Dutch financial firm, Amdax, is set to make a significant impact on the institutional cryptocurrency landscape with the launch of AMBTC BV, a new entity designed to accumulate a substantial portion of Bitcoin’s circulating supply. This ambitious venture aims to acquire up to 1% of all available Bitcoins, a strategic move that would position it as one of the largest corporate holders globally and the undisputed leader in Europe, with its shares slated for listing on Euronext Amsterdam.

• AMBTC BV targets the acquisition of approximately 199,079 BTC, representing 1% of the current circulating supply.
• The entity is structured as an independent private company exclusively focused on Bitcoin treasury management.
• The acquisition is estimated to involve an asset value approaching $22.8 billion, based on recent market valuations.
• Funding will be raised through an initial public offering (IPO) on Euronext Amsterdam and an initial private investment round.
• The initiative highlights a significant trend of increasing institutional adoption within the digital asset sector.
• Amdax, the parent firm, possesses robust regulatory credentials, including DNB approval and a MiCA license, ensuring compliant operations.

AMBTC BV: Strategic Bitcoin Accumulation and Funding

AMBTC BV is structured as an independent private company focused exclusively on Bitcoin treasury management. While maintaining commercial ties with its parent, Amdax, its primary objective is the strategic accumulation of approximately 199,079 BTC, representing 1% of the current circulating supply of 19,907,906 Bitcoins. This accumulation target, based on recent market valuations, implies an asset value approaching $22.8 billion.

To fund this substantial acquisition, AMBTC BV is actively pursuing an initial public offering (IPO) on Euronext Amsterdam, with specific details regarding the offering terms, issuance volume, and key participants to be disclosed at a later stage. Concurrently, the company is engaged in discussions with various private investors for an initial funding round. The capital raised from both the IPO and private investments will be directly allocated to the initial purchase of Bitcoin.

Regulatory Foundation and Market Impact

This strategic initiative underscores a growing trend of institutional adoption within the digital asset space. Amdax, known as a virtual asset service provider, brings a strong regulatory foundation to this new venture. It was notably the first company in its segment to receive approval from the Dutch Central Bank (DNB) and subsequently obtained a MiCA license from the Netherlands Authority for Financial Markets (AFM), reinforcing the credibility and compliant nature of its operations in the European market.