🚨 According to a report by PR Newswire, the Nasdaq-listed company, clothing manufacturer Addentax Group Corp., announced that it had signed a list of non-binding terms with a major independent Bitcoin holder, aiming to acquire up to 12,000 Bitcoin tokens, significantly increasing the potential size of the acquisition compared to the 8,000 Bitcoin tokens initially discussed in the company’s press release of May 15, 2025. According to current market prices, the total market capitalization of the proposed acquisition is approximately $1.3 billion. If the transaction takes place, it will be settled by the issuance of newly issued common shares of the company.
