Dutch firm Amdax announced the creation of AMBTS B.V., a Bitcoin treasury company that will operate as a separate entity with its own governance. The company plans to seek a listing on Euronext Amsterdam, positioning itself among the first in Europe to adopt a large-scale Bitcoin treasury strategy.
AMBTS aims to become a “1% Bitcoin treasury company,” with the long-term goal of acquiring 1% of all Bitcoin in circulation. At current prices, reaching this target would require more than $24 billion. Bitcoin traded above $115,800 this week.
Amdax said the treasury company will raise capital in stages through financial markets. Funds will be used to increase Bitcoin holdings, expand equity value, and raise the Bitcoin-per-share ratio for investors. The first stage will involve private investors, with proceeds directed to the accumulation plan.
Amdax Gains Regulatory Approvals in the Netherlands
Amdax became the first Dutch crypto service provider registered with the Dutch Central Bank in 2020. On June 26, 2025, it also secured one of the first MiCA licenses from the Dutch Authority for the Financial Markets (AFM).
The MiCA license provides a regulatory framework for digital asset companies in the European Union. Amdax currently supports 33 cryptocurrencies for trading and offers automated investing as well as managed portfolio services.
The company has not provided a public timeline for its capital raise or Bitcoin investments.
Corporate Bitcoin Adoption in Europe
Lucas Wensing, CEO of Amdax, highlighted the increasing role of institutions in Bitcoin:
“With now over 10% of bitcoin supply held by corporations, governments and institutions, we think the time is right to establish a Bitcoin treasury company with the aim to obtain a listing on Euronext Amsterdam, as one of the leading exchanges in Europe.”
At least 15 European companies hold Bitcoin as part of their treasury reserves. Notable holders include:
Bitcoin Group (Germany) with 3,605 BTC
Smarter Web Company (UK) with 2,395 BTC
The Blockchain Group (France) with 1,653 BTC
Satsuma Technology (UK) with 1,126 BTC
Other European companies with holdings below 1,000 BTC include Sweden’s H100 Group, Samara Asset Group, CoinShares International Limited, 3U Holding, Advanced Bitcoin Technologies, Phoenix Digital Assets, Baultz Capital, Vanadi Coffee, Aker ASA, K33, and Refined Group.
Bitcoin Outperforms Traditional Assets
According to CoinGecko, Bitcoin has risen more than 26,900% in the past decade. In comparison, the S&P 500 gained 193%, gold increased by 125%, and crude oil rose only 4.3%.
Corporate Bitcoin adoption is also rising outside Europe. In Japan, investment firm Metaplanet continues to expand its holdings. On Monday, it acquired an additional 775 BTC worth more than $89 million. This brought its total to 18,888 BTC, valued at over $2.1 billion.
Metaplanet stock has surged nearly 190% year-to-date, outperforming the TOPIX Core 30 index, which gained 7.2%. Despite this growth, the stock dropped 12.7% in the past five trading days, closing at 900 Japanese yen ($6.11) per share, according to Google Finance.
