🚨 Addentax Plans $800M Crypto #Acquisition via Share Issuance

🔹 Chinese textile and apparel company Addentax Group .crop (Nasdaq: ATXG) plans to #acquire 8,000 $BTC and "Official Trump" tokens, valued at ~$800M

🔹Strategy involves issuing common stock to influential crypto holders

🔹Aims to strengthen its balance sheet and deepen crypto market presence

🔹No binding agreement finalized yet, per May 15 press release