🚨CMC News: Chinese Firm Plans $800M $BTC and $TRUMP Purchase. Chinese manufacturer Addentax Group Corp announced potential plans to acquire approximately $800 million worth of $BTC and the $TRUMP meme coin despite having a mere $4.4 million market cap. The Nasdaq OTC-traded company claims to be in discussions with cryptocurrency holders who collectively own "approximately 8,000 BTC." Addentax would fund the crypto acquisition by issuing common stock as part of a "long-term investment strategy." CEO Hong Zhida positioned this as supporting the company's "broader blockchain strategy." Investor reaction appeared tepid, with shares down approximately 7% following the announcement that carefully noted "no definitive agreement has been reached."
➡️ Source : Coinmarketcap On X
