Bitcoin Treasury Race Heats Up As Dutch Firm Shoots For $23-M Launch
Dutch cryptocurrency service provider Amdax has announced that it raised over $23 million to establish a Bitcoin treasury company. The new entity, called AMBTS, will be listed on Amsterdam’s Euronext stock exchange. According to reports, investors from the initial funding round have already committed the full $23.3 million. Related Reading: Insider Trading Suspicions Mount As […]
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Leading Netherlands-based crypto services firm Amdax today announced plans to launch a Bitcoin (BTC) treasury company called AMBTS B.V. (AMBTS), with the goal of listing it on Euronext Amsterdam. Amdax Unveils Bitcoin Treasury Firm In a move that underscores the growing trend of European companies embracing Bitcoin strategies, Dutch crypto services provider Amdax revealed it […]
In a notable achievement, Metaplanet has made headlines by significantly expanding its Bitcoin treasury, reaching a total of 20,000 BTC. This aggressive accumulation strategy solidifies its position as one of the world’s leading corporate Bitcoin holders. Strengthening Its Long-Term Bitcoin Treasury Strategy Metaplanet, a publicly traded company based in Japan, has successfully transitioned from a hotel operator to a major Bitcoin powerhouse. The company recently purchased 1,009 BTC, which increased its total holdings to 20,000 BTC. This acquisition cements its position as the....
Brazil-based cryptocurrency asset management platform, Hashdex has applied for the approval of a dual ETF, consisting of both Bitcoin and TH, the world’s largest cryptocurrencies. This development comes as the Spot Ethereum ETF race heats up in anticipation of an official debut before the end of the year. Hashdex Files Combined Bitcoin And Ethereum ETFs […]
South Korea has officially entered the institutional Bitcoin race with Bitplanet, a rebranded firm formerly known as SGA, unveiling a $40 million BTC treasury. Related Reading: Litecoin’s Blockchain Maturity Is On The Rise – What This Means For LTC’s Price This historic move aligns Bitplanet as the first company in the country to integrate Bitcoin […]
2021 has been an explosive year for bitcoin as the crypto asset has touched new all-time price highs as cryptocurrencies have seen increased demand. Meanwhile, a number of crypto proponents expect the first exchange-traded fund (ETF) to be approved this year as a number of firms are racing to launch an ETF. On Friday, the Texas-based firm Valkyrie Digital Assets filed an ETF registration proposal called the Valkyrie Bitcoin Trust with hopes to list the fund on the New York Stock Exchange (NYSE). Crypto Proponents Expect a Bitcoin Exchange-Traded Fund Approval in the US This Year This year....