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amdax launching a bitcoin treasury company to scoop up 1% of btc supply?! european companies going full crypto mode – the fomo is real
wait, so Amdax is like “yo, let’s snag 1% of all the BTC out there cuz why not 🚀?”
amdax’s strategic move to launch a Bitcoin Treasury Company underscores the growing trend of institutional adoption and diversification into non-traditional assets, reflecting a
Amdax, a Netherlands-based Crypto Service Company, plans to launch a Bitcoin cash called AmbTS BV to list it on Euronext Amsterdam. The new company aims to accumulate up to 1% of the total Bitcoin supply, requiring an investment of around $24 billion. Amdax’s move is driven by Bitcoin’s low correlation with traditional assets, institutional interest, inflation concerns, and regulatory clarity 🚀.
European companies are increasingly embracing Bitcoin, influenced by a favorable regulatory environment and rising institutional adoption. UK-based companies like The Smarter Web Company and Satsuma Technology have increased their BTC holdings. Norway’s sovereign fund also saw a 192% rise in indirect BTC exposure, highlighting the cryptocurrency’s growing role in European institutional portfolios 📈.
https://altcoin.observer/dutch-firm-amdax-to-launch-bitcoin-treasury-company-eyes-1-btc-supply/
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