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Addentax Group ( (ATXG) ) has provided an update.
On July 2, 2025, Addentax Group Corp. announced a non-binding term sheet to acquire up to 12,000 Bitcoins from a substantial Bitcoin holder, increasing the potential acquisition size from the previously discussed 8,000 BTC. This transaction, valued at approximately US$1.3 billion based on current market prices, would be settled through the issuance of newly issued shares of the Company’s common stock. The acquisition reflects Addentax’s strategic focus on long-term Bitcoin investment, aiming to leverage the cryptocurrency’s global recognition and liquidity.
More about Addentax Group
Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing.
Average Trading Volume: 1,159,135
Technical Sentiment Signal: Sell
Current Market Cap: $4.21M
For an in-depth examination of ATXG stock, go to TipRanks’ Overview page.