NASDAQ-Listed Addentax Group to Acquire 8,000 Bitcoin Worth $800 Million

Addentax Group Corp., a publicly traded Chinese textile company listed on NASDAQ under the ticker ATXG, announced on May 15, 2025, plans to acquire up to 8,000 Bitcoin valued at approximately $800 million. The company intends to finance this purchase potentially through issuing new shares. This move highlights a growing trend of corporate investment in Bitcoin, signaling increased institutional interest in the cryptocurrency market.

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