Addenntax, a US listed company, plans to buy 8000 mainstream cryptocurrencies such as Bitcoin and TRUMP

律动BlockBeats
律动BlockBeats|May 15, 2025 16:41
BlockBeats News: On May 16th, according to a report by U.S. News Agency, Addendax Group Corp (NASDAQ: ATXG), a publicly traded company on the U.S. stock market, announced that it has held talks with some major and influential holders of Bitcoin and other mainstream cryptocurrencies, planning to acquire up to 8000 Bitcoin and other cryptocurrencies, such as the TRUMP token. Expected to cost $800 million, the financing will be completed through the issuance of common stock, and a final agreement has not yet been reached. The management of Addendax Group stated that this initiative is a core action of the company to support its long-term investment and holding strategy in cryptocurrency assets, by enhancing its balance sheet through the acquisition of highly liquid and widely recognized digital assets, while attracting new shareholders with experience and expertise in the cryptocurrency field.
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