Treasury BV announces plans to create the greatest Bitcoin corporate treasury in Europe

The firm based in Amsterdam raised EUR € 126 million in a private round led by Winklevos Capital and Nakamoto Holdings. Plan list in Euronext and already acquired more than 1,000 BTC as part of its expansion strategy.

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• Treasury BV aims to become the largest corporate holder of BTC In Europe.
• The company raised EUR € 126 million with support of Winklevos Capital and Nakamoto Holdings.
• Plans to quote in Euronext And already bought more than 1,000 BTC Before your debut.

Treasury BVa firm based in the Netherlands, announced Wednesday that EUR € 126 million (USD $ 147 million) raised in a private financing round. The operation was led by Winklevos Capital and Nakamotosubsidiary of Kindlymd Directed by David Bailey.

The company, headed by the Khing Oei CEO, seeks to consolidate as the greatest corporate treasury of Bitcoin In Europe. Its model is inspired by the practices of US companies that have adopted BTC As a reserve asset, a movement that has already hit the corporate balances of several companies that are quoted in the stock market.

As read in a statement reviewed by The Block, Treasury BV has already accumulated more than USD $ 111 million in Bitcoin At current prices, financed with a combination of capital and debt. The goal is “Systematically accumulate” BTC as its main reserve asset and develop performance strategies based on this cryptocurrency.

EXPANSION AND OPOSED STRATEGY

The company plans to list its actions in Euronext Amsterdam through a reverse fusion with MKB NEDSENSE NV. As part of its visibility and positioning strategy, it will also be done with the direction of the conference Bitcoin Amsterdamone of the most influential events of the European ecosystem.

To reinforce its structure, Treasury BV. It will form a strategic advisory council in which the twins Cameron and Tyler Winklebars will participate, as well as David Bailey, editor of Bitcoin Magazine. This network of allies seeks to give greater credibility to the project in the competitive European financial environment.

The funds obtained in the round were already used to acquire more than 1,000 BTC, strengthening your balance prior to the debut in the bag. Among the additional investors who participated are Utxo Management, Off the Chain Capital and M1 Capitalamong others.

Khing Oei’s vision and the idea of ​​making Bitcoin “more equitable”

CEO Khing Oei declared that “BTC is molding the future of global financial markets, and the next wave, which we call Bitcoin’s equitization, will dramatically expand access and property at levels that will rival traditional markets.”

The company expects to quote under the ticket “Trsr” Once the inverse melting process culminates with MKB Nedsense. This step represents an ambitious movement in the consolidation of a model of “Bitcoin Treasury” in the American style, now adapted to the European context.

Treasury Bitcoin Between companies worldwide

The movement of Treasury BV. adds to a growing trend between corporations to accumulate BTC as part of its financial strategy. According to market data, Corporate treasury already manage more than 4% of the total supply of Bitcoin, equivalent to about 780,980 BTC valued at more than USD $ 87,000 million.

The undisputed leader in this space is Strategy, Company led by Michael Saylor, which recently expanded its position with the purchase of 4,048 BTC additional for USD $ 449.3 million. Currently, the company has more than 636,505 BTC

On the other hand, Kindlymd He has also entered this dynamic after merging with Nakamoto Holdings. In August, the firm acquired 5,744 BTC for approximately USD $ 679 million, consolidating as one of the most aggressive actors in the construction of corporate reserves in Bitcoin.

The case of Treasury BV It reflects how Europe begins to catch up with the Bitcoin corporate accumulation wave that is already a trend in the United States and Asia, showing that competition to lead the infrastructure of this new class of assets is being quickly globalized.

Written article with the help of an AI content editor, edited by Angel Di Matteo / Diariobitcoin

Original image of Diariobitcoin, created with artificial intelligence, for free use, licensed under public domain.

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