Yingxi Group signed a US$1.3 billion clause with independent holders to acquire 12,000 Bitcoins

According to Foresight News, Chinese textile company Addentax Group (NASDAQ: ATXG) announced a contract with independent holders to acquire up to 12,000 bitcoins. Based on the current market price, the total market value of the proposed acquisition is approximately US$1.3 billion. If completed, the transaction will be settled by issuing newly issued common shares of the company.
Disclaimer: The views in this article only represent the author's personal views and do not constitute investment advice of this platform. This platform does not make any guarantees for the accuracy, completeness, originality and timeliness of article information, nor is it liable for any losses caused by the use or trust in article information.