Bitcoin News Today: Treasury's €126M Bitcoin Bet Aims to Reshape Europe's Financial Landscape

Treasury BV, a Netherlands-based Bitcoin treasury firm backed by the Winklevoss twins and Nakamoto Holdings, is advancing plans to become a publicly traded company through a reverse merger with MKB Nedsense NV on Euronext Amsterdam. The firm has secured €126 million (approximately $147 million) in private funding led by Winklevoss Capital and Nakamoto Holdings, which it will use to increase its Bitcoin holdings by more than 1,000 BTC. The reverse listing aims to establish Treasury as a leading European public Bitcoin treasury company, providing investors with regulated exposure to Bitcoin assets [1].

Under the terms of the deal, MKB Nedsense will transfer all its assets and liabilities to Value8 NV, a holding company owned by MKB Nedsense’s largest shareholder. Treasury will then issue new shares to its investors, with an issuance price representing a 72% premium to MKB Nedsense’s closing price on July 11 and a 90% premium to the three-month volume-weighted average price. The new entity will trade under the ticker symbol TRSR, pending shareholder approval of the merger [1].

The move reflects a broader trend of institutional interest in Bitcoin treasuries across Europe. With direct exposure to Bitcoin through regulated markets still limited in much of the region, firms like Treasury aim to bridge the gap by offering structured investment vehicles. CEO Khing Oei emphasized that the initiative is designed to "level the playing field in Europe" by integrating Bitcoin into the core of the region’s financial ecosystem [1].

In a related development, Treasury also announced the acquisition of Bitcoin Amsterdam, a major European Bitcoin conference, to bolster adoption and engagement with the digital asset. This acquisition aligns with the firm’s strategy to not only grow its Bitcoin treasury but also to expand awareness and acceptance of Bitcoin across the continent [1].

The potential listing has already influenced market reactions, with MKB Nedsense’s shares climbing over 30% in early trading to 15 euro cents per share [1]. If the reverse merger is approved, the company expects to begin trading on Euronext Amsterdam as early as the fourth quarter of 2025.

The transaction is part of a growing trend of traditional financial players and institutional investors seeking to integrate Bitcoin into their portfolios through regulated and publicly traded vehicles. This shift highlights the increasing legitimacy of Bitcoin as a strategic asset within the broader financial markets [2].

Source: [1] Winklevoss Twins Back $147M Raise for Treasury's Landmark European Bitcoin Listing (https://www.coindesk.com/business/2025/09/03/winklevoss-twins-back-usd147m-raise-for-treasury-s-landmark-european-bitcoin-listing) [2] Winklevoss twins-backed Bitcoin treasury firm to list in Amsterdam (https://crypto.news/winklevoss-twins-backed-bitcoin-treasury-firm-to-list-in-amsterdam/)