Amsterdam-based Amdax’s new Amsterdam Bitcoin Treasury Strategy (AMBTS) secures €20M in first funding round

Amsterdam-based Amdax, a crypto-asset service provider, announced that investors have committed approximately €20M in an initial financing round through private placements for AMBTS (Amsterdam Bitcoin Treasury Strategy).

The announcement comes two weeks after launching AMBTS with the intention of listing a Bitcoin treasury company on Euronext Amsterdam.

With this, the company says the minimum goal of the financing round has been achieved.

With this move, AMBTS is on track to close the financing round in September 2025, with a cap of €30M in aggregate investment.

After completion, the proceeds are anticipated to initiate the bitcoin accumulation strategy.

Built for bitcoin exposure

AMBTS is designed for institutional investors seeking bitcoin exposure through a regulated, European structure. Over time, AMBTS aims to become a 1 per cent Bitcoin treasury company.

AMBTS plans to utilise capital markets to increase its Bitcoin holdings, aiming to generate equity appreciation and increase Bitcoin per share for its shareholders, subject to market conditions and other factors.

AMBTS will operate as a stand-alone company with a focused corporate strategy.

It will benefit from Amdax’s capabilities while maintaining an arms-length relationship. A private limited company has been formed.

Amdax: Crypto-asset service provider

Led by Lucas Wensing, Amdax is a crypto-asset service provider offering custody, transfer, trading, staking, and asset management services for digital assets.

As of 26 June 2025, Amdax holds a MiCAR license and serves private, corporate, and institutional clients.

Lucas Wensing, CEO of Amdax and co-founder of AMBTS, says, “Based on the interest in Bitcoin from parties within our ecosystem, we decided to establish a dedicated Bitcoin treasury company. The appetite we have received for this initial financing round, we believe, indicates that investors welcome the initiative, providing them with an opportunity to participate in the rapidly developing market. With the establishment of AMBTS, we aim to strengthen the European autonomous digital asset industry and thereby potentially unlock a compelling investment opportunity for institutional investors.”