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AMBTS, a subsidiary of Dutch company Amdax, has raised 30 million euros to purchase bitcoin.
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ChainCatcher reported that Dutch cryptocurrency company Amdax announced on Tuesday its plan to launch a bitcoin reserve company called AMBTS on the Dutch exchange, and has currently raised 30 million euros (approximately 35 million US dollars) in funding.
Amdax stated that the completion of the first round of financing for AMBTS means the company is ready to initiate its bitcoin purchasing plan.
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