Addentax Group Corp to Acquire $800 Million in Digital Assets
- Addentax Group Corp is a Chinese textile and apparel company.
- The company plans to acquire up to 8,000 bitcoins.
- Other digital assets include the memecoin TRUMP.
- Acquisition will be financed by issuing shares of common stock.
- Announcement was made on May 15.
Addentax Group Corp, a Chinese textile and apparel firm, announced plans on May 15 to acquire up to 8,000 bitcoins and other digital assets like the memecoin TRUMP by issuing common stock shares. This move marks their entry into the cryptocurrency market.
Source (2.6)https://news.bitcoin.com/chinese-textile-company-addentax-to-acquire-800-million-in-btc-and-trump-tokens/?rand=52384
