Nakamoto and Winklevoss Capital Pledge $147M to Build Europe’s Leading Bitcoin Treasury

In a landmark move for Europe’s cryptocurrency landscape, Treasury BV, a Netherlands-based Bitcoin treasury firm, has secured €126 million ($147 million) in funding led by Winklevoss Capital and Nakamoto Holdings. Announced on September 3, 2025, the investment enabled the acquisition of over 1,000 Bitcoin, positioning Treasury as a key player among Europe’s corporate Bitcoin holders, trailing only Germany’s Bitcoin Group (3,605 BTC) and France’s Sequans Communications (3,205 BTC).

Strategic Vision

Treasury aims to become Europe’s first publicly listed Bitcoin treasury company via a reverse merger with MKB Nedsense on Euronext Amsterdam, trading under the ticker TRSR. This strategy bypasses traditional IPO requirements, offering investors regulated exposure to Bitcoin. The firm also acquired Bitcoin Amsterdam, a major conference, to boost crypto adoption across the continent.

Why It Matters

Backed by crypto pioneers Cameron and Tyler Winklevoss, the initiative signals strong institutional confidence in Bitcoin as a treasury asset. CEO Khing Oei emphasized, “Bitcoin is shaping the future of global financial markets,” highlighting plans to expand holdings through equity issuance and convertible debt. This move could bridge traditional finance and digital assets, addressing Europe’s slower adoption compared to the U.S.

Market Context

Europe’s Bitcoin treasury scene is growing, with firms like Amdax also eyeing Euronext listings. However, critics warn of risks, comparing some crypto treasuries to the 2007-08 financial crisis’s collateralized debt obligations. Treasury’s cautious leverage strategy aims to mitigate such concerns.

 

Set to begin trading in Q4 2025, Treasury BV plans to leverage its €126 million war chest to innovate financial products and enhance Bitcoin’s role in Europe’s financial ecosystem. This could redefine corporate crypto strategies, making Treasury a trailblazer in the region’s digital asset market. Visit coindesk.com for more details.