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Key with you:
- The AdDentax Group plans to issue ordinary shares in exchange for cryptocurrencies.
- Together with 8,000 BTC, the ADDENTAX Trump, a politically thematic memecoin, was named as part of the agreement.
- AdDentax not only buys assets, but also attempts to build strategic alliances in a rapidly developing digital economy.
AdDentax Group, a Chinese logistics and clothing company, revealed plans to obtain cryptocurrencies worth up to $ 800 million, including 8,000 bitcoins and unspecified amounts of other chips such as Trump-Tematical MEMECOIN Trump.
The Company intends to conclude an agreement by issuing ordinary shares to a group of main holders of crypto. However, no definitive agreement has been achieved yet.
China Addentax Eyes 800 million $ Crypto Deal, Strategic Pivot or Political Signal?
In your notificationAdDentax said it was a discussion with several “essential and influential” holders of crypto.
Although this did not disclose how many out of $ 800 million will be assigned to bitcoin or other assets, it has been confirmed that the group that is negotiating with demands to hold approximately 8,000 BTC collectively.
This initiative is part of the AdDentax wider plan to strengthen its balance sheet by obtaining liquid and widely recognized digital assets. He also tries to bring influential crypto to his base.
Breaking: Public Chinese Textile Company addentax will issue shares to buy 8,000 #Bitcoin For $ 800 million
Company purchase is vertical
pic.twitter.com/133rlv3mzh
– Bitcoin historian (@pete_rizzo_) May 15, 2025
Hong Zhaid, the CEO of Addentax, said: “This initiative supports the wider strategy of the company’s blockchain by facilitating the potential acquisitions of digital assets such as bitcoins, and the introduction of strategic investors with experience in the ecosystem.”
“We believe that some established digital assets can serve as a stable part of the long -term share of society, due to their liquidity and growing institutional interest in recent years,” he added.
Despite the ambitious announcement of the AdDentax shares after reports, they fell by more than 8%. The market response suggests that investors remain skeptical about the company’s beer towards digital assets.
The company’s press release framed the step as a long -term strategic investment. However, there is speculation that timing can also reflect political motifs.
Adcentax operates in the cross -border textile logistics sector, which is a space that strongly affects the tension and tariffs of American trade established during Donald Trump Presidency.
Two weeks ago allegedly another logistics company purchased Tokens Trump worth $ 20 million, betting on potential political harmonization.
This purchase stimulated rumors about Chinese companies exploring ways to ensure regulatory risks or ensure indirect influence in the volatile geopolitical ecosystem.
While the Krypto game addentax is still in negotiation, it indicates the growing trend of traditional companies that monitor digital assets not only for revenues but also for strategic networks that can unlock.
The crypto market will be gathered because the US-China will facilitate the tension of the trade
The Krypto market expanded its rally on Monday after a breakthrough in business relations in the US and China. Both nations announced a temporary decrease in tariffsIndication of possible melting in their long -term economic tension.
The agreement, delivered through a common statement in Geneva, outlines the 90 -day negotiating window and includes substantial cuts.
The crypto markets gathered sharply after the United States and China announced an agreement to temporarily reduce tariffs to the other goods.#Bitcoin #Ethereum #China https://t.co/x5yw4dcq8x
– Cryptonews.com (@cryptonews) 12 May 2025
US rates to Chinese goods will fall from 145% to 30%, while China will reduce US import obligations from 125% to 10%.
Notifications sent digital asset climbing across the album, with Bitcoin Jumping by 1.62% per day to $ 105,322 and now 36% of the April minimum 74,500 $.
Ethereum also increased by 3.13% to $ 2,560, with Dogecoin Front altcoins, by 6.29%.
Donald Trump adds to the Bull’s Dynamics of the Market, Hosts Private dinner 22. May In his Washington, DC Golf Club for 220 coin holders of $ Trump Meme. An event for an invitation will be a manifestation of the future of the crypt.
According to CoingeckThe token increased by 3.9% per week to $ 12.86, although the volume of trading in the last 24 hours has fallen nearly 28%.
Contribution Chinese plans addentax $ 800 million, including 8,000 BTC and Trump Tokens He appeared for the first time Cryptonews.
