Overview

• AMBTS is designed as a privately held company with independent governance focused solely on Bitcoin accumulation.
• Amdax plans to raise capital from private investors in phases, with proceeds from the first round earmarked for initial BTC purchases.
• The vehicle targets roughly 210,000 BTC, equal to about 1% of total supply, which would require an estimated $24 billion at recent prices.
• CEO Lucas Wensing cites data showing over 10% of Bitcoin is held by corporations, governments and institutions as a key catalyst for the launch.
• Context for the move includes trackers estimating 163 companies hold about 978,290 BTC, with MicroStrategy the largest public holder and at least 14 European public firms running BTC treasury strategies.