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 LoVe."#EthereumSecurityInitiative #MastercardStablecoinCards #CryptoRegulation #BinanceAlphaPoints #BinanceAlphaAlert