According to COINOTAG News (Aug 29) and records on BitcoinTreasuries.NET, Amdax’s Bitcoin treasury vehicle, AMBTS, has closed a $23.4 million first‑round capital raise. The proceeds will be deployed to initiate a targeted Bitcoin accumulation strategy, representing a deliberate treasury allocation toward digital‑asset exposure rather than short‑term trading. This capital raise formalizes AMBTS’s approach to systematic BTC build‑up and adds verifiable entries to public Bitcoin treasury registries, highlighting continued institutional interest in structured crypto treasury management.
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