Published by Global Banking & Finance Review®
Posted on October 7, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on Google
Amdax secures €30M to launch AMBTS on Dutch exchange, joining firms investing in Bitcoin as it hits record highs.
By Sudip Kar-Gupta
BRUSSELS (Reuters) -Dutch cryptocurrency company Amdax, which plans to launch a bitcoin treasury company called AMBTS on the Dutch exchange, has raised 30 million euros ($35 million) in financing, it said on Tuesday, highlighting the persistent appeal of Bitcoin.
Amdax said the closing of its initial financing round for AMBTS meant it was ready to start its programme of buying Bitcoin, which has hit record highs this month, breaching through the $125,000 price level.
"The closing of this round is an important milestone," said CEO and AMBTS co-founder Lucas Wensing. "We now move forward with our bitcoin strategy, aiming to offer investors transparent access to this unique asset class," he added in a statement.
Amdax will join a host of companies buying bitcoin for their treasury reserves, such as Dutch-based firm Treasury, backed by the U.S. billionaire Winklevoss twins, Strive, which is backed by former Republican U.S. presidential candidate Vivek Ramaswamy, and Michael Saylor's company Strategy.
($1=0.8554 euros)
(Reporting by Sudip Kar-Gupta; Editing by Clarence Fernandez)
Cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates on decentralized technology called blockchain, which ensures transparency and security in transactions.
A bitcoin treasury refers to a strategy where companies or organizations hold Bitcoin as part of their financial reserves. This approach aims to leverage Bitcoin's potential for appreciation and act as a hedge against inflation.
Venture capital is a form of private equity financing provided by investors to startups and small businesses with long-term growth potential. It typically involves high risk but offers the possibility of high returns.
Funding refers to the financial resources provided to support a project, business, or initiative. It can come from various sources, including investors, loans, grants, or crowdfunding.
Explore more articles in the Finance category
