ATXG to Acquire $800M in Bitcoin & Trump Token, Signals Bold Crypto Integration Strategy

Addentax Group, a Chinese garment manufacturer listed on NASDAQ under ATXG, is set to acquire up to $800 million worth of cryptocurrency assets. This bold move highlights the company’s strategic shift toward integrating digital assets into its balance sheet and potentially boosting financial strength. ATXG plans to purchase Bitcoin worth 8,000 units and other tokens like the Official Trump token through a share-based transaction strategy involving common stock issuance in exchange for these digital assets. 8,000 BTC is a sizable investment that dwarfs the company’s current market capitalization of under $10 million.