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

The Chinese company Addentax Group Corp, previously known in the clothing manufacturing sector, suddenly enters the crypto space with a statement about plans to acquire:

— ~8000 BTC

— TRUMP tokens

— and other crypto assets

💰Total amount — about $800 million, which will be financed through the issuance of new shares.

📌What this means:

— Meme coins, including TRUMP, are officially coming into the view of major Asian players

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

— Addentax is sharply changing its 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 restricted.

Alexander Orlovsky | Subscribe 🪙