🇳🇱 Dutch crypto firm Amdax has raised $23.3M to launch AMBTS, a Bitcoin treasury company aiming to list on Amsterdam’s Euronext exchange - with the bold goal of accumulating 1% of the entire Bitcoin supply.
At the same time, markets reel from $530M in liquidations as Bitcoin dips to its lowest level since July 8. But analysts remain wildly bullish: Charles Hoskinson sees $250K BTC this bull run, while Bitwise projects $1.3M BTC by 2035.
With 92 new crypto-related ETPs preparing to launch, institutional adoption is accelerating. Will Bitcoin’s short-term pain fuel the next leg of hyperbitcoinization?
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