Amsterdam-based Amdax has announced the launch of its Bitcoin treasury company on the Dutch stock exchange, providing European investors a new way to access the largest cryptocurrency.
Biggest Bitcoin Holders in Europe
Currently, the largest corporate Bitcoin holder in Europe is the German company Bitcoin Group SE, with 3,605 BTC worth $416 million. Following is the French company Sequans Communications, holding 3,170 BTC valued at $364 million.
AMBTS and Its Goals
AMBTS, the planned company by Amdax, aims to hold at least 1% of the total Bitcoin supply, potentially making it one of the largest holders in the market. Amdax CEO Lucas Wensing noted that about 10% of the entire Bitcoin supply is currently held by corporations.
Top Corporate Bitcoin Holders
As of now, the list of the top 20 Bitcoin holders is largely dominated by North American and Asian companies. The largest holder, Michael Saylor's Strategy, has 629,376 BTC valued at $73.1 billion at current prices. Other notable holders include MARA Holdings, Bullish, Riot Platforms, and Metaplanet, the latter being the largest corporate Bitcoin holder outside of North America.
The launch of Amdax’s AMBTS on the Dutch stock exchange adds competition to the European corporate Bitcoin holder market, opening new opportunities for investors.
