Treasury, a Bitcoin-focused investment firm backed by Winklevoss, plans to go public on Euronext Amsterdam via a reverse merger with MKB Nedsense.
Reverse merger of Treasury with MKB Nedsense
Treasury intends to reverse merge with Dutch investment firm MKB Nedsense. According to official filings, MKB Nedsense will be renamed Treasury N.V. and trade under the ticker TRSR pending shareholder approval.
Company's Bitcoin holdings and funding
The company currently holds over 1,000 BTC and has raised €126 million (approximately $147 million) in private funding. The public listing will allow the firm to expand its Bitcoin assets.
Strategy to attract investors in Europe
Treasury aims to attract Bitcoin investors in a region where investment options remain limited. In much of Europe, direct exposure to Bitcoin through regulated public markets is relatively rare. Additionally, Amdax has recently announced plans to launch its own Bitcoin treasury company, AMBTS.
The planned public listing of Treasury could mark a significant step toward increasing access to Bitcoin for European investors, highlighting the growing interest in cryptocurrencies.
