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Amdax Launches AMBTS to Pursue 1% of Global Bitcoin Supply

Amsterdam-based Amdax plans to list its Bitcoin treasury vehicle AMBTS on Euronext, targeting 1% of total Bitcoin supply amid growing institutional adoption.

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Fact Check
Multiple credible sources, including Reuters, Investing.com, and Ainvest, corroborate that the Dutch crypto firm Amdax launched a new entity named AMBTS with the stated goal of owning at least 1% of the global Bitcoin supply.
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Summary

Amsterdam-based crypto services firm Amdax announced the creation of the Amsterdam Bitcoin Treasury Strategy (AMBTS) with plans for a listing on the Euronext exchange. CEO Lucas Wensing highlighted that over 10% of Bitcoin’s total supply is now held by corporations, governments, and institutions, making it an opportune time for strategic reserves. Bitcoin’s value has surged 32% this year to a record high, driven by supportive regulation and U.S. President Trump’s pro-Bitcoin stance. AMBTS intends to raise capital through private financing, aiming in the long term to hold at least 1% of the total Bitcoin supply.

Terms & Concepts
  • Bitcoin Treasury Company: A business that accumulates and holds Bitcoin as a primary reserve asset, similar to how traditional companies hold cash or gold.
  • Pan-European Securities Exchange: A stock exchange operating across multiple European countries, offering a common platform for securities trading.
  • Bitcoin Supply: The total number of bitcoins that exist or can exist, capped at 21 million by Bitcoin’s protocol.