Addentax Crypto Acquisition Targets $800M in Bitcoin
Addentax Group Corp. (NASDAQ:ATXG), a China-based diversified business group, shocked markets with its bold Addentax crypto acquisition announcement. On Thursday, the company revealed its intention to acquire up to $800 million worth of cryptocurrencies—including as many as 8,000 Bitcoins—through a share-based deal. While the stock initially surged on the news, it later gave back most…