Netherlands Treasury BV announces completion of €126 million private financing to purchase over 1,000 BTC, led by Winklevoss Capital and others
ChainCatcher News, according to Coindesk, Dutch company Treasury BV has announced that it has raised 126 million euros (equivalent to 147 million US dollars) through private placement financing. This round of financing was led by Winklevoss Capital and Nakamoto Holdings. With this funding, the company has acquired more than 1,000 bitcoins, aiming to become the largest publicly listed bitcoin fund management company in Europe.
To achieve its listing goal, the company, led by CEO Khing Oei, has signed a binding agreement with Dutch SME investment company MKB Nedsense NV to go public on Euronext Amsterdam through a reverse takeover. The Dutch company also announced the acquisition of the flagship European bitcoin event, Bitcoin Amsterdam, to further promote the adoption and application of bitcoin.
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