Foresight News reports that China's textile industry listed company Addentax Group (NASDAQ: ATXG) has announced a deal with independent holders to acquire up to 12,000 Bitcoins. Based on current market prices, the total market value of the proposed acquisition is approximately $1.3 billion. If completed, the transaction will be settled through the issuance of newly issued company common stock.
Addentax Group Signs $1.3 Billion Deal to Acquire 12,000 Bitcoins with Independent Holders
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