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Winklevoss-Backed Dutch Treasury Firm Buys 1,000 BTC

Backed by Winklevoss Capital and Nakamoto Holdings, Treasury B.V. has aims to become the EU’s largest bitcoin balance sheet.
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Sep 3, 2025 • 1 min read

Treasury B.V., a Netherlands-based bitcoin treasury company, announced Wednesday that it raised €126 million (~$147 million) in a private round and purchased more than 1,000 BTC as it prepares to go public.

What’s the Scoop?

  • $147M raise and BTC buy: Treasury B.V.'s €126 million private funding was led by Winklevoss Capital and David Bailey’s Nakamoto Holdings. Proceeds were used to buy over 1,000 BTC — currently valued above $111 million.
  • Euronext listing plan: The firm aims to list on Euronext Amsterdam by executing a reverse merger with MKBN (MKB Nedsense N.V.), and expects to trade under the ticker “TRSR”.
  • Euro-denominated BTC play: Treasury B.V. markets itself as a euro-denominated BTC balance sheet company using both equity and debt to systematically accumulate bitcoin as a primary reserve asset.
  • Outreach and ecosystem building: It also acquired the Bitcoin Amsterdam conference and formed a strategic advisory board featuring Cameron and Tyler Winklevoss and Bitcoin Magazine’s David Bailey.

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