Odaily News Addentax Group Corp (NASDAQ: ATXG), a US-listed company, announced that it has held talks with some major and influential holders of Bitcoin and other mainstream cryptocurrencies, and plans to acquire up to 8,000 Bitcoins and other cryptocurrencies, such as the TRUMP token. It is expected to cost $800 million and will be financed through the issuance of common stock. No final agreement has been reached yet. Addentax Group management said that this move is the company's core action to support its long-term investment and holding strategy for crypto assets, strengthening its balance sheet by acquiring highly liquid and widely recognized digital assets, while attracting new shareholders with experience and expertise in the field of cryptocurrencies.
