Winklevoss twins-backed bitcoin treasury firm to list in Amsterdam
Netherlands-based Treasury, a dedicated bitcoin treasury company backed by Cameron and Tyler Winklevoss, plans to go public in Amsterdam through a reverse listing with Dutch investment firm MKB Nedsense (NEDSE.AS). The transaction will place Treasury on Euronext Amsterdam, giving the firm direct access to public capital markets and a broader base of institutional and retail investors focused on digital-asset strategies.
The move aims to expand investor access to a pure-play bitcoin balance-sheet model in Europe, where options still trail the United States, and to accelerate Treasury’s ability to deploy capital. Post-listing, the company says it will emphasize disciplined risk management, transparent disclosures, and robust governance, positioning itself as a regulated avenue for bitcoin exposure while scaling its holdings in line with market conditions and long-term value creation.
Why the Winklevoss-backed bitcoin treasury Amsterdam listing matters
Bitcoin treasury companies hold bitcoin on the balance sheet as their primary asset, rather than cash an approach that differs from multi-coin crypto platforms. Treasury says the Amsterdam route will help it reach institutions and families seeking direct, listed exposure to long-term bitcoin accumulation. Against a backdrop of renewed institutional demand and spot ETF inflows, bitcoin has rallied to all-time highs above $120,000, sharpening interest in simplified, regulated exposure.
Deal terms and structure
Treasury will combine with MKBN via a reverse listing that implies a 72% premium to MKBN’s €0.07 closing price on July 11. After completion, MKBN will be renamed “Treasury N.V.” and is expected to trade under the ticker TRSR, targeting a post-consolidation share price of €2.10. An extraordinary general meeting will be convened to seek shareholder approval for the transaction the next formal milestone for the Winklevoss-backed bitcoin treasury Amsterdam listing.
Funding, reserves, and strategy
The company has raised €126 million ($147 million) in a private round led by Winklevoss Capital and Nakamoto Holdings. Management says the proceeds will expand its holdings and support operations as a listed vehicle. Treasury already controls more than 1,000 bitcoin, underscoring its single-asset mandate and signaling scale ahead of the Winklevoss-backed bitcoin treasury Amsterdam listing.
How a bitcoin treasury differs from a crypto exchange
Single-asset focus: Accumulates and holds bitcoin for the long term.
Balance-sheet centric: Exposure comes from corporate holdings rather than trading fees.
Simplified thesis: Investors bet on bitcoin’s adoption curve—not a basket of tokens.
Europe’s evolving landscape
Europe has launched various crypto ETPs, yet adoption trails the U.S. spot ETF market. Local competition is building: in August, Dutch firm Amdax unveiled plans for a separate bitcoin treasury vehicle, AMBTS, on Euronext Amsterdam. Treasury’s reverse route could accelerate market entry and brand visibility, a key rationale behind the Winklevoss-backed bitcoin treasury Amsterdam listing.
What’s next
Shareholders of MKBN will vote on the reverse listing. Post-approval, the combined entity is expected to rebrand, set the TRSR ticker in Amsterdam, and continue scaling reserves. For investors seeking direct, listed bitcoin balance-sheet exposure in the EU, the Winklevoss-backed bitcoin treasury Amsterdam listing offers a new, streamlined path.
Conclusion
Treasury is opting for an accelerated route to public markets via Amsterdam, aiming to satisfy mounting European demand for direct bitcoin balance-sheet exposure. The plan offers a liquid, regulated venue, expanding reach to institutions and retail investors seeking a pure-play BTC strategy. The move also shortens time-to-market and enhances visibility.
Armed with new capital and a reserve exceeding 1,000 BTC, Treasury is positioning to scale quickly as flows build. If institutional appetite persists and the Winklevoss-backed listing finds traction with EU investors the company expects to deploy funds faster, strengthen governance and disclosure, and cement itself as a leading European bitcoin treasury.
FAQs
Q . What is the Winklevoss-backed bitcoin treasury Amsterdam listing?
A . It’s a reverse deal that takes Treasury public in Amsterdam, giving investors exposure to a single-asset, balance-sheet strategy tied to bitcoin.
Q . How does a bitcoin treasury differ from a crypto exchange?
A . A treasury holds bitcoin long-term on its balance sheet, while exchanges earn fees from trading many tokens.
Q . What is the planned ticker and target price?
A . The company expects to trade under TRSR with a €2.10 post-consolidation target price after the reverse listing.
Q . How much funding and BTC has Treasury secured?
A . Treasury raised €126 million led by Winklevoss Capital and Nakamoto Holdings and says it holds 1,000+ BTC.
Q . Why list in Amsterdam?
A . Europe’s ETP market is growing but fragmented; an Amsterdam listing aims to give EU investors simpler, regulated access to a pure-play bitcoin balance sheet.