The Dutch cryptocurrency service provider AMDAX collected 20 million euros (23.3 million dollars) to launch Bitcoin Treasury on the Euronext Stock Exchange in Amsterdam.
According to Friday advertisementSeveral investors committed about $ 23.3 million in a preliminary financing round for the Ministry of Bitcoin (BTC) in AMDAX. This is followed by an announcement earlier this month that it will launch the cabinet as an independent and extended company from the private sector with its own governance, AmbTs.
AmbTs is created to assemble at least 1 % of all bitcoin that will be created at all, or about 210,000 BTC. The value of this amount of bitcoin is currently more than 23 billion dollars.
The advertisement said: “AmbTs intends to take advantage of the capital markets to increase Bitcoin’s possessions, generate shares in a sequential manner, and the development of Bitcoin per share for its shareholders, taking into account the market and other conditions.”
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Bitcoin Treasury ascending to companies
Since the strategy – which is still Microstrate – is still the feasibility of this approach, the Bitcoin Treasury has gained momentum among the companies circulating to the public.
This trend has also led to many companies not only focusing on the accumulation of bitcoin began to obtain it. These companies include the American electric vehicle manufacturer, Tesla, Kulr Technology in the United States of the thermal and batteries safety, the Norwegian industrial investment company Aker, Brazilian Fintech Méluz, Mercadolibre in Latin America, and the director of investment at Malta Samara, and Thai Telecom JASMINE, Fliancer Rumble.
Meanwhile, companies that focused on Bitcoin continued to collect more. This also reduces the amount of bitcoin in the blood circulation.
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Bitcoin continues to accumulate
Earlier this week, the Japanese Treasury in Bitcoin agreed to a plan to raise about $ 880 million by issuing shares abroad, with nearly $ 835 million for Bitcoin. Also this week, French Sequans Sequans SEQUANSEANS applied for a $ 200 million market offer on Monday to provide treasury strategies in Bitcoin.
Earlier this month, Michael Sailor, the co -founder of the first Bitcoin strategy of the Ministry of Treasury in the world, pointed to an imminent acquisition of bitcoin, which constitutes the third company in August. The strategy is currently the largest Bitcoin Ministry in the world, with 632,457 BTC more than 69.5 billion dollars at the time of writing this report, equivalent to more than 3 % of all bitcoin that will be extracted at all.
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