Lucía Peña
As U.S. and Asian corporations continue ramping up their Bitcoin reserves, Dutch-based Treasury B.V. has unveiled plans to establish Europe’s largest corporate BTC treasury. The company announced on Wednesday that it secured €126 million ($147 million) in a private fundraising round, backed by Winklevoss Capital and David Bailey’s Nakamoto (a KindlyMD subsidiary, ticker NAKA).
Led by CEO Khing Oei, Treasury B.V. positions itself as a Bitcoin-first balance sheet company, using a mix of equity and debt to systematically acquire BTC as its core reserve asset. The firm also intends to pursue yield-generating strategies tied to BTC. At current prices, it has already accumulated over $111 million worth of BTC.
Plans to Go Public on Euronext Amsterdam
Treasury B.V. aims to list on Euronext Amsterdam through a reverse takeover of MKB Nedsense N.V. As part of its expansion strategy, it will also acquire the Bitcoin Amsterdam conference to strengthen community engagement. Its advisory board will feature high-profile names such as Cameron and Tyler Winklevoss and Bitcoin Magazine’s David Bailey.
Over 1,000 BTC Already Acquired
According to Wednesday’s announcement, Treasury B.V. has already purchased more than 1,000 BTC using proceeds from the funding round, which included participation from UTXO Management, Off The Chain Capital, and M1 Capital. Once the reverse listing is complete, the firm plans to trade under the ticker “TRSR.”
“BTC is reshaping global financial markets, and the next wave – the ‘equitization of BTC’ – will expand access and ownership at a scale comparable to traditional finance,” said CEO Khing Oei.
Growing Corporate Bitcoin Treasury Trend
The move adds momentum to the corporate BTC treasury trend, which has gained traction worldwide. Data from PRIME shows that public companies collectively hold over 780,980 BTC, representing more than 4% of BTC’s capped supply. The market leader remains Michael Saylor’s Strategy, with 636,505 BTC following a recent $449.3 million purchase of 4,048 BTC.
Healthcare firm KindlyMD has also entered the space through its merger with Bailey’s Nakamoto Holdings, acquiring 5,744 BTC worth $679 million in August to establish its treasury foundation.
