🇨🇳 Urgent: The Chinese company Addentax is seeking to acquire a large amount of #Bitcoin! 🚀
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📢 What's new?
– The Chinese textile company Addentax Group has entered into a preliminary agreement.
– The agreement aims to acquire up to 12,000 $BTC.
– This exceeds their original plan, which targeted 8,000 $BTC.
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💡 Why is this important?
– Indicates increasing institutional interest from China in Bitcoin as a reserve asset.
– Reflects companies' strategies to diversify their assets despite strict crypto regulations in China.
– Highlights the growing global adoption of Bitcoin in corporate balance sheets.
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📈 Forecast:
– This move may encourage other Chinese companies to explore Bitcoin holdings.
– Could enhance institutional demand for Bitcoin globally.
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❓ Do you think such deals will drive Bitcoin to new heights of global adoption?
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