Well, folks, brace yourselves! The Winklevoss twins, those famed crypto champions who can somehow make millions while looking like they just walked out of a Greek mythology class, are at it again. Their Bitcoin treasury firm, Treasury, is about to go public in Amsterdam-oh yes, you read that right-via a reverse merger with MKB Nedsense. And don’t get too comfortable, because this is all pending shareholder approval, of course. Because what would a big money move be without a little suspense?
the firm has over 1,000 BTC in its digital vault. You know, just casually sitting there, making it one of Europe’s select few entities that’s all about that Bitcoin life. Oh, and they’ve raised €126 million (around $147 million, for you dollar enthusiasts). So, yeah, they’re not just playing Monopoly with your grandma’s savings-they’re serious about stacking up those digital coins. They’ll use this public listing to expand their Bitcoin holdings and, I don’t know, maybe buy a few more Teslas for fun.
When all is said and done, the reverse merger values Treasury at a 72% premium over MKB Nedsense’s last market price. Not bad for a company that could soon be trading at €2.10 per share post-merger. Someone’s getting a raise.
The rise of Bitcoin treasuries in Europe
Now, if you think Treasury is the only player on the block, think again. There’s a quiet revolution happening in Europe, where investment options for Bitcoin are about as scarce as a parking spot in downtown New York. Treasury, however, plans to change that. With the public markets in Europe still pretty stingy when it comes to giving people direct exposure to Bitcoin, Treasury is hoping to be the beacon of crypto dreams. Will they succeed? Only time and shareholders will tell.
And in case you didn’t get the memo, Amdax, another Dutch firm, is also making its move to launch a Bitcoin treasury company. AMBTS (Amsterdam Bitcoin Treasury Strategy) is also eyeing a spot on Euronext Amsterdam. Because what’s better than one Bitcoin treasury firm? Two, obviously. And it looks like Euronext Amsterdam is about to become the new hotspot for digital treasure hunts. 🏴☠️
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2025-09-03 13:15