🇨🇳 Chinese companies are betting on #bitcoin

Two Chinese companies, DDC Enterprise and Addentax Group, have announced large-scale plans to integrate Bitcoin into their financial strategies, indicating a growing corporate interest in cryptocurrencies.

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📌 What is known?

• DDC Enterprise plans to create a reserve of 5,000 BTC over 36 months, starting with an initial purchase of 100 BTC. The company has also brought in crypto expert Alex Yang as a strategic advisor. 

• Addentax Group is negotiating to acquire up to 8,000 #BTC and other cryptocurrencies worth about $800 million through a share issuance. 

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📊 What does this mean?

These steps indicate that even traditional companies from China are beginning to view Bitcoin as a strategic asset for diversifying their reserves and enhancing financial resilience.

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💭 Mr.Belferman:

“When Chinese companies start buying $BTC , I wonder: maybe it's time for me to reconsider my strategy?”