China-based garment maker unveils updated, though equally vague, plan to purchase 12,000 BTC
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币界网报道：Addentax Group Corp. (ATXG), a Shenzhen-based microcap firm, has signed a non-binding agreement to potentially acquire up to 12,000 BTC—a 50% increase from its initial May proposal of 8,000 BTC—worth approximately $1.3 billion, funded through Nasdaq-listed stock sales. Despite skepticism due to its $7 million market cap and prolonged sub-$1 share price, the company emphasized the deal remains subject to due diligence and approvals. Addentax, originally a clothing manufacturer, stated its "strong intention" to pursue long-term Bitcoin investments, joining firms establishing crypto treasuries. The move follows its May announcement of $800 million crypto purchase talks, including TRU
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