Bitcoin Billionaires: Amdax’s Galactic Gamble on Euronext Amsterdam 🚀

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Hold onto your hats-or, rather, your digital wallets-because the Dutch have decided that Bitcoin isn’t just for hackers and hipsters anymore. Amdax, a cryptocurrency service provider with a name that sounds like it belongs in a sci-fi novel (or maybe a high-end blender brand), is planning to launch a Bitcoin treasury company on the Euronext Amsterdam stock exchange. Yes, you read that right: they’re bringing Bitcoin to the big leagues of European finance. Move over tulips; it’s crypto time! 🌷💡

Enter AMBTS B.V., the new kid on the blockchain block. This privately held entity aims to become what its creators call a “1% Bitcoin treasury company.” Translation? They want to hoard 1% of all existing Bitcoin, which would require more money than most people can fathom-about $24 billion at current prices. For context, that’s enough cash to buy several small islands, or perhaps an entire fleet of yachts shaped like unicorns. 🦄🌊

But wait, there’s more! To fund this ambitious plan, Amdax plans to raise capital in stages, enticing investors with promises of growing equity value and increasing Bitcoin-per-share metrics. It’s like Monopoly, except instead of plastic houses, you get fractions of virtual coins stored on decentralized ledgers. What could possibly go wrong? 😅

Oh, and let’s not forget: Amdax was the first crypto service provider to register with the Dutch Central Bank back in 2020. Fast forward to today, and they’ve also snagged themselves a shiny Markets in Crypto-Assets Regulation (MiCA) license. Clearly, these folks are serious about regulation-or at least making sure their paperwork looks good while they chase after Bitcoin glory. ✨📋

Their platform already lets users trade 33 cryptocurrencies, set up automated investments, and even follow expert-managed portfolio strategies. But apparently, that wasn’t enough excitement for them. No, they had to aim higher-straight for the moon, metaphorically speaking. Or literally, given how volatile Bitcoin prices tend to be. 🚀🌕

Europe Embraces Bitcoin: The Plot Thickens

If you thought Amdax was alone in this cosmic adventure, think again. Across Europe, companies are jumping aboard the Bitcoin bandwagon faster than tourists lining up for space tourism tickets. According to Lucas Wensing, CEO of Amdax, over 10% of Bitcoin’s supply is now held by corporations, governments, and institutions. That’s quite the vote of confidence-or sheer desperation, depending on who you ask. 🤔📈

“With now over 10% of bitcoin supply held by corporations, governments and institutions, we think the time is right to establish a Bitcoin treasury company with the aim to obtain a listing on Euronext Amsterdam, as one of the leading exchanges in Europe.”

And indeed, at least 15 European companies have publicly announced their love affair with Bitcoin. From Germany’s Bitcoin Group holding 3,605 BTC to France’s The Blockchain Group stashing away 1,653 BTC, it seems everyone wants a piece of the pie-or should we say, the blockchain? Even smaller players like Sweden’s H100 Group and Japan’s Metaplanet are getting in on the action. 🍕🔗

Bitcoin Outperforms Everything Else: Shocking No One 😴

Let’s face it: if Bitcoin were a contestant on a reality TV show, it would win every challenge. Over the past decade, Bitcoin has outpaced all major asset classes, skyrocketing over 26,900%. Meanwhile, the S&P 500 managed a modest 193%, gold eked out 125%, and crude oil barely moved at 4.3%. So naturally, everyone wants a slice of this magical, mathematical cake. 🍰📊

But the fun doesn’t stop in Europe. In Asia, Japanese investment firm Metaplanet recently bought another 775 BTC, bringing its total stash to a whopping 18,888 BTC-or roughly $2.1 billion. Their stock price surged nearly 190% year-to-date, proving once again that when it comes to Bitcoin, logic takes a backseat to sheer audacity. 🚗💨

Of course, no story about Bitcoin would be complete without a little drama. Despite posting an optimistic earnings report last week, Metaplanet’s stock price plummeted over 12.7% in five trading days. At this rate, owning Bitcoin might feel less like investing and more like riding a rollercoaster designed by a mad scientist. 🎢🧐

In conclusion, whether you see Bitcoin as the future of finance or just another bubble waiting to burst, one thing is certain: humanity’s obsession with turning imaginary numbers into real wealth shows no signs of slowing down. So buckle up, dear reader, because the ride is far from over. And remember, in the words of Douglas Adams himself: “Don’t Panic!” Unless, of course, your Bitcoin wallet gets hacked. Then panic. Panic a lot. 😱💰

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2025-08-18 13:49