Amsterdam-based company Treasury has entered the competition to become one of Europe’s largest corporate holders of Bitcoin. With €126 million ($147 million) in initial funding, the company plans to purchase over 1,000 BTC.
To gain a listing on the Euronext Amsterdam exchange, Treasury will pursue a reverse listing by merging with the Dutch lender MKB Nedsense. This move is part of its strategy to become the first Bitcoin treasury company to be listed on a major European exchange. The company plans to use both equity and convertible debt to increase its Bitcoin holdings over time.
This development positions Treasury alongside other leading European corporate Bitcoin holders. According to BitcoinTreasuries.net, the top holders are:
- Bitcoin Group (Germany): 3,605 BTC
- Sequans Communications (France): 3,205 BTC
- Smarter Web Company (UK): 2,440 BTC
The European market for Bitcoin treasuries is becoming increasingly competitive, with another Dutch firm, Amdax, also planning to launch a similar venture on Euronext. This growing activity mirrors the corporate race for Bitcoin already taking place in the United States.
September 2025, Cryptoniteuae
