Treasury BV has completed a successful €126 million funding round, positioning itself to lead the Bitcoin market in Europe.
Investments and Bitcoin Acquisitions
The funding, announced on September 3, enabled Treasury BV to acquire over 1,000 BTC, making it one of the largest corporate purchases in Europe. CEO Hing Oei stated, "We see Bitcoin as the foundation of tomorrow’s financial markets. Treasury BV exists to put Europe at the forefront of this global shift."
Path to Listing on Euronext Amsterdam
To achieve its listing ambitions, Treasury BV has entered into a mandatory merger agreement with Dutch investment firm MKB Nedsense (MKBN). Under the deal, MKBN will transfer all assets to its largest shareholder, Value8 NV, after which new shares will be issued to Treasury BV investors.
A New Chapter in European Crypto Investments
As Europe tightens regulations while fostering innovation, Treasury BV’s listing is anticipated to be a significant milestone for institutional Bitcoin adoption in the region. Oei emphasized, "Treasury BV was created to level the playing field by expanding transparent access and by strategically placing Bitcoin at the center of Europe’s financial ecosystem."
Thus, Treasury BV strengthens its position in the Bitcoin market by attracting significant investments and plans to become the largest public company in this sector in Europe.