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October 7, 2025cryptonews logocryptonews

Dutch Firm Amdax Raises $35M For Bitcoin Treasury, Plans to Acquire 1% of Supply — Is $130K BTC Next?

Dutch crypto firm Amdax has secured 30 million euros ($35M) in its latest funding round to launch a dedicated Bitcoin treasury company, Amsterdam Bitcoin Treasury Strategy (AMBTS), with plans to accumulate 1% of the total BTC ￰0￱ to a Reuters report dated October 7, the AMBTS team is now prepared to begin acquiring Bitcoin for its ￰1￱ and AMBTS co-founder Lucas Wensing described the completion of the funding round as a crucial milestone in the company’s Bitcoin accumulation mission. 𝗔𝗠𝗕𝗧𝗦 𝘀𝗹𝘂𝗶𝘁 𝗶𝗻𝗶𝘁𝗶ë𝗹𝗲 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗲𝗿𝗶𝗻𝗴𝘀𝗿𝗼𝗻𝗱𝗲 𝘀𝘂𝗰𝗰𝗲𝘀𝘃𝗼𝗹 Na de recente oprichting van AMBTS B. V. (‘AMBTS’) door Amdax, maken Amdax en AMBTS vandaag de succesvolle afronding bekend van de initiële financieringsronde (IFR).

De ronde, met een… ￰2￱ — Amdax (@AmdaxNL) October 7, 2025 Amdax Targets 210,000 BTC to Become Europe’s Bitcoin Treasury Giant “ We now advance with our bitcoin strategy, offering investors clear access to this distinct asset class ,” Wensing ￰3￱ in August, Cryptonews reported that Amdax had obtained €20 million ($23 million) in early funding for AMBTS and announced plans to close its private funding round at €30 million ($35 million) before seeking a public listing on Euronext ￰4￱ target has now been reached, with bitcoin purchases set to ￰5￱ company intends to use capital markets to increase Bitcoin per share while working toward its 210,000 BTC target, valued at roughly $26 billion at today’s ￰6￱ Lucas Wensing argues that Europe requires its own Bitcoin treasury leader to match the corporate adoption rates seen in the ￰7￱ Asia, where institutional holdings have grown ￰8￱ follows the recent MiCAR license approval that Amdex obtained to meet the new European legislation for crypto markets. 𝐀𝐦𝐝𝐚𝐱 𝐛𝐞𝐡𝐚𝐚𝐥𝐭 𝐌𝐢𝐂𝐀𝐑-𝐥𝐢𝐜𝐞𝐧𝐭𝐢𝐞 Met trots maken we bekend dat Amdax de MiCAR-vergunning heeft ￰9￱ deze vergunning voldoen wij aan de nieuwe Europese wetgeving voor cryptomarkten. 𝐀𝐦𝐝𝐚𝐱 𝐂𝐄𝐎 @LucasWensing : "Deze vergunning is een… ￰10￱ — Amdax (@AmdaxNL) June 27, 2025 Amdax now joins the expanding roster of major companies adding BTC to their corporate ￰11￱ Dutch firm pursuing a BTC treasury is Treasury B.

V., which has backing from the Winklevoss ￰12￱ AMBTS, Treasury has already started operations with a balance of 1,000 ￰13￱ Bitcoin treasury ambitions follow Strategy (formerly MicroStrategy) , the U. S.-based software company that has become nearly synonymous with corporate Bitcoin ￰14￱ Bitcoin Treasuries Surge Past 1M BTC Across 200 Firms According to ￰15￱ , MicroStrategy currently holds 640,031 BTC, making it the largest public holder by a wide ￰16￱ total, public companies now control approximately 1,040,961 BTC across 200 firms, a figure that has risen by nearly 4.89% in the past month alone.) has suggested that the United States could also begin purchasing Bitcoin as funds to establish a US strategic Bitcoin reserve (SBR) may materialize at any ￰17￱ crypto market showed signs of strength at the start of the week, with Bitcoin climbing to a new record high above $126,000 on Monday, extending gains as investors sought refuge from political and economic ￰18￱ world’s largest digital asset reached as high as $126,080 after crossing the $125,000 mark for the first time on Sunday.), Bitcoin has mounted an impressive recovery rally through September and October, reclaiming previous resistance ￰19￱ primary technical observation is that price has now firmly broken above the $121,000 resistance level, which previously served as a barrier multiple ￰20￱ breakout indicates continuation potential, as the wave 5 annotation ￰21￱ on the pattern, if wave 5 is developing, the next major resistance to monitor would be the zone marked around $134,000-$136,000.

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