- Amdax aims to list on Euronext, targeting 1% of Bitcoin supply.
- AMBTS is a strategy-driven initiative by Amdax’s CEO Lucas Wensing.
- Significant market engagement aligns with regulated European exposure to Bitcoin.
Amdax, under CEO Lucas Wensing, has launched the AMBTS entity in Amsterdam aiming to accumulate 1% of Bitcoin’s supply and list on Euronext Amsterdam.
This move positions Amdax as a key player in Europe’s institutional Bitcoin market, potentially influencing Bitcoin supply dynamics and corporate treasury strategies.
Amdax, under CEO Lucas Wensing, has launched the Amsterdam Bitcoin Treasury Strategy to acquire 1% of Bitcoin’s total supply. The entity aims for an Euronext Amsterdam listing, establishing itself as a European counterpart to MicroStrategy.
AMBTS BV, as an independent entity, holds strategic ties to Amdax’s cryptocurrency services and solutions. The plan involves raising capital to secure approximately 210,000 BTC, cementing its position among the world’s largest institutional treasuries.
With institutional presence in the Bitcoin market now over 10%, AMBTS might influence market sentiment and supply trends. This initiative underscores growing mainstream adoption of Bitcoin within regulated European markets. “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,” said Lucas Wensing, CEO of Amdax.
The treasury firm’s strategy highlights parallels with MicroStrategy’s BTC holding model, possibly increasing institutional engagement in Bitcoin. Amdax’s launch leverages its MiCA compliance and regulatory status under the Dutch Central Bank.
Potential outcomes include extended institutional adoption and increased Bitcoin market stability. AMBTS and Amdax promise a regulated pathway for corporate investment in Bitcoin, strengthening Europe’s leadership in crypto regulation.
