🇨🇳Chinese holding Addentax invests $800 million in BTC and TRUMP memecoin

Chinese company Addentax Group Corp, previously known in the clothing industry, suddenly enters the crypto space with an announcement of plans to acquire:

— ~8,000 BTC

— TRUMP tokens

— and other crypto assets

💰The total amount is about $800 million, which will be financed through the issuance of new shares.

📌What does this mean:

— Memcoins, including TRUMP, are officially on the radar of major Asian players

— BTC remains the main asset for long-term institutional investment

— Addentax dramatically changes strategy - from textiles to digital assets

Crypto is becoming not just an alternative - it is turning into a new reserve for transnational business, even in China, where the market is formally limited.

thought: the point is clear, think further!

#TRUMPcoin#MemeCoin#Bitcoin#CryptoAdoption#Trump2024#Altcoins #CryptoNews