Today, Amdax announced plans to list a Bitcoin Treasury Company (AMBTS) on Euronext Amsterdam. The initiative aims for AMBTS to evolve into a 1% Bitcoin treasury company over time (Total Bitcoin supply of 210,000 BTC), creating a compelling opportunity for institutional investors to gain exposure to Bitcoin through a regulated European exchange.-by Amdax on X

"With over 10% of Bitcoin supply held by corpoations, governments and institutions, we think the time is ight to establish a Bitcoin treasury company with the aim to obtain a listing on Euonext Amsterdam, as one of the leading exchanges in Europe."- said LucasWensing, the Director of AMDAX, on X platform.

"A public Bitcoin treasury targeting 1 percent of supply could tighten liquidity and attract institutional attention. Moves like this signal growing acceptance of Bitcoin as a corporate treasury asset."- according to SAG.ai on X.

Institutional adoption continues to accelerate. A tweet from Snowy-Monad stated "Institutions are stacking harder than people. Other companies in Europe follow next."

In parallel, Tokyo-listed Metaplanet purchased 775 BTC (worth $93 million) at an average price near $120,000, raising its total treasury to 18,888 BTC, now valued at over 18 times its outstanding debt. A Swedish public company BitcoinTCAB also announced plans to raise $21.9 million to expand its Bitcoin treasury, according to deorganized.btc on x.

However, not everyone is bullish. "BTC gets more centralized by the day. Rooting for big entities and government to buy Bitcoin is the exact opposite of what it was created for." cautioned Trey on x tweets.

Bitcoin is currently trading at $115,325. Key Fibonacci retracement levels are at 23.6% ($114,885), 38.2% ($116,741), 50% ($118,228), 61.8% ($119,715), 78.6% ($121,832), and 100% ($124,528). Bollinger Bands show an upper band at $118,230, lower band at $113,902, and a middle band at $116,066. The 7-day SMMA (close) stands at $115,562, signaling price consolidation near short-term support and resistance levels, according to Tradeview data on Bitstamp.

If Bitcoin breaks above $116,741, momentum could target $118,228 and potentially $119,715 (61.8% Fib). A sustained breakout above $121,832 may open the path toward $124,528 (100% Fib).Failure to hold above $114,885 (23.6% Fib) could push Bitcoin back to the lower Bollinger band at $113,902. A deeper breakdown risks testing psychological support near $112,500–$113,000.-by Tokentalknews