Treasury BV Secures $147 Million to Build Europe’s Largest Public Bitcoin Fund Manager

The Dutch firm raised funds from Winklevoss Capital and Nakamoto Holdings, acquired over 1,000 Bitcoin, and plans a public listing on Amsterdam Euronext.

BTC

Summary

Dutch-based Treasury BV raised €126 million ($147 million) in a private funding round led by Winklevoss Capital and Nakamoto Holdings. The company used the capital to purchase more than 1,000 Bitcoin, supporting its goal to become Europe’s largest publicly listed Bitcoin fund manager. Treasury BV signed a reverse takeover agreement with MKBN to achieve a listing on the Amsterdam Euronext. Additionally, it acquired Bitcoin Amsterdam, a major European Bitcoin conference, as part of its strategy to expand adoption.

Terms & Concepts
  • Reverse Takeover: A process where a private company becomes publicly traded by acquiring a listed company, bypassing the traditional IPO route.
  • Bitcoin Fund Manager: An investment entity that manages portfolios focused on Bitcoin holdings and related financial products.
  • Bitcoin Conference: Industry events where stakeholders gather to discuss trends, investment, and adoption of Bitcoin and blockchain technology.