Treasury Bitcoin Firm Raises $147M and Buys 1,000 BTC

As reported by Cointelegraph, an European Bitcoin company called Treasury has raised $147 million in fresh funding. The money came from big investors, including Winklevoss Capital and Nakamoto Holdings. Soon after the raise, Treasury used part of the funds to buy more than 1,000 Bitcoin (BTC).

This is not just another headline about a company buying Bitcoin. It shows that Europe is starting to take crypto more seriously, stepping onto the global stage in a stronger way.

Who Put in the Money

The new funding round was led by two major players in crypto. Winklevoss Capital, run by the Winklevoss twins, has been a supporter of Bitcoin for years. They are known for spotting early opportunities in the crypto world, and their backing shows that they believe in Treasury’s plan.

Nakamoto Holdings also played a leading role. This firm has been working to spread Bitcoin adoption around the world. By putting money into Treasury, they’re sending a clear message: they see this company as a major piece of Europe’s crypto future.

With both of these names behind it, Treasury has strong financial support and, just as important, credibility in the eyes of the crypto community.

What Treasury Wants to Do

Treasury is not treating Bitcoin like a quick trade. The company has bigger goals for the long run.

• Holding Bitcoin as a reserve: They want Bitcoin to sit on their balance sheet like digital gold.
  
• Creating tools for businesses and investors: They plan to make it easier for people in Europe to access and use Bitcoin.
  
• Focusing on steady growth: Treasury is building for the future, not chasing short-term profits.
  

The main aim is to make Bitcoin part of the daily financial life of Europe.

Why This Matters for Europe

In the U.S., Bitcoin adoption has been growing fast, especially with the rise of spot Bitcoin ETFs. In Asia too, progress has been quick. Europe, on the other hand, has often moved slower.

That’s why this move is important. Treasury’s $147 million raise and its purchase of over 1,000 BTC show that Europe is ready to step up. Other companies in the region may see this and feel encouraged to join in.

What It Means for Bitcoin

When a company buys a huge amount of Bitcoin, it does two things. First, it takes some BTC out of the market, which can affect supply and prices. Second, it builds trust. It tells investors — both big and small — that Bitcoin is something worth holding on to.

Treasury is showing that it sees Bitcoin as more than a gamble. To them, it’s a safe and long-term store of value, much like gold has been for centuries. More and more companies around the world are starting to think the same way.

What’s Next

With new money, trusted investors, and more than 1,000 Bitcoin already bought, Treasury is in a strong position to grow. The company now wants to expand to new services. Also create simple financial tools, and make it more easy for people all over Europe to use Bitcoin.

If they pull this off, Europe could start to catch up with the U.S. and Asia in the crypto world. Investors and regulators will be watching closely. Even regular people who are curious about Bitcoin will want to see what happens next.

Final Thoughts

Treasury’s $147 million raise and its purchase of more than 1,000 Bitcoin mark a big moment for Europe’s role in crypto. With backing from Winklevoss Capital and Nakamoto Holdings, the company is well-placed to grow and make an impact.

If things go as planned, this may be remembered as the start of Europe taking a real seat at the table in the global Bitcoin story.