🇨🇳 Addentax plans to acquire $800M in #bitcoin and TRUMP tokens

The Chinese company Addentax Group Corp. (NASDAQ: ATXG) announced its intention to purchase up to 8,000 BTC and other cryptocurrencies, including meme coin #TRUMP , with a total value of approximately $800 million through an exchange for its shares.

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📌 What is known?

◾️Purpose of the deal: strengthening the company's balance sheet through liquid digital assets and attracting strategic investors with experience in the crypto sphere.

◾️Status: negotiations are ongoing, and no final agreements have been reached yet.

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📊 Current asset prices

◾️Bitcoin ($BTC ): $103,252

◾️TRUMP meme coin: $0.204868

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💭 Opinion of Mr. Belferman:

“When a company from China decides to invest in Bitcoin and TRUMP meme coin, it makes you think: is it time for me to reconsider my portfolio? Maybe it's worth adding a bit of political humor to my investments.”