On July 2, 2025, Addentax Group announced its intention to acquire up to 12,000 Bitcoins, increasing from the previous plan of 8,000, utilizing newly issued shares. CEO Hong Zhida noted this initiative supports the company’s blockchain strategy.
With Bitcoin’s price at 109,371.38 USD and a market cap of 2.18 trillion USD, this acquisition could enhance institutional confidence and market liquidity, potentially affecting Bitcoin’s price trajectory.
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