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Listed Company Addentax Signs $1.3 Billion Terms List, Plans to Acquire 12,000 Bitcoins
Summary: According to Bitpush News, NASDAQ-listed company and clothing manufacturer Addentax Group Corp. has announced that it has signed a non-binding terms list with a significant independent Bitcoin holder, planning to acquire up to 12,000 Bitcoins, significantly increasing the potential acquisition size from the 8,000 Bitcoins initially discussed in the company's press release on May 15, ...
According to Bitpush News, NASDAQ-listed company and clothing manufacturer Addentax Group Corp. has announced that it has signed a non-binding terms list with a significant independent Bitcoin holder, planning to acquire up to 12,000 Bitcoins, significantly increasing the potential acquisition size from the 8,000 Bitcoins initially discussed in the company's press release on May 15, 2025. Based on current market prices, the total market value of the proposed acquisition is approximately $1.3 billion. If the transaction is completed, it will be settled through the issuance of new common stock by the company.
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Link: Listed Company Addentax Signs $1.3 Billion Terms List, Plans to Acquire 12,000 Bitcoins [Copy]
