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The Amdax-backed initiative sets sights on Euronext listing; The founder of bitcoin miner Hut 8 is among the investors.
By James Van Straten, AI Boost|Edited by Stephen Alpher
Aug 29, 2025, 1:12 p.m.
- AMBTS has already secured $23.2 million in investor commitments, surpassing its minimum fundraising target, with the final round capped at $34.8 million by September 2025.
- Funds will be used to launch AMBTS’s dedicated bitcoin accumulation strategy, supporting its ambition to list on Euronext Amsterdam.
Amsterdam Bitcoin Treasury Strategy (AMBTS), established by Dutch crypto-asset service provider Amdax, has raised €20 million ($23.2 million) in its initial financing round. The funding, secured through private placements, will seed the company’s bitcoin accumulation strategy. The round, capped at €30 million ($34.8 million), is expected to close in September 2025.
The proceeds will support AMBTS’s plan to establish one of the first independent bitcoin treasury companies in Europe, with a listing on Euronext Amsterdam. Over the long term, AMBTS aims to grow its holdings to at least 1% of all bitcoin in circulation.
STORY CONTINUES BELOW
Marc van der Chijs, founder of bitcoin miner Hut 8, is among the early backers.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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