Dutch cryptocurrency service provider Amdax has unveiled plans to launch a Bitcoin treasury company on Amsterdam’s Euronext stock exchange, signaling a bold move to cement Bitcoin as a mainstream corporate asset in Europe.

The firm announced it is creating AMBTS B.V., an independently governed entity designed to operate as a stand-alone Bitcoin treasury. Its goal is to become a “1% Bitcoin treasury company,” meaning it will attempt to accumulate 1% of the total Bitcoin supply—currently valued at more than $24 billion with Bitcoin trading above $115,800 this week.

Amdax said it will raise capital in phases, targeting private investors in its first financing round. Funds will be used to begin building Bitcoin reserves and increase value for shareholders through Bitcoin-per-share growth. The company was the first Dutch crypto provider registered with the Dutch Central Bank in 2020 and one of the first to receive a MiCA license from the Dutch Authority for the Financial Markets this year.

Corporate adoption of Bitcoin is growing rapidly in Europe. At least 15 companies have publicly disclosed Bitcoin holdings, including Germany’s Bitcoin Group with 3,605 BTC, the UK’s Smarter Web Company with 2,395 BTC, and France’s Blockchain Group with 1,653 BTC. Smaller holders include CoinShares International and Norway’s Aker ASA.

Globally, Bitcoin continues to outperform traditional assets, soaring more than 26,900% over the past decade compared to 193% for the S&P 500 and 125% for gold. In Asia, Japan’s Metaplanet is leading the charge with 18,888 BTC worth $2.1 billion, though its stock recently slipped 12.7% after sharp gains earlier this year.

Amdax’s move positions Amsterdam as a rising hub for Bitcoin treasuries, potentially accelerating Europe’s shift toward crypto as a strategic reserve asset.