Addentax Group Corp. Proposes Acquisition of 12,000 Bitcoins for $1.3 Billion

Addentax Group Corp. Moves to Acquire 12,000 Bitcoins

On July 2, 2025, Addentax Group Corp. (Nasdaq: ATXG) made a significant announcement regarding its strategic plans for cryptocurrency acquisition. The company revealed that it has signed a non-binding term sheet for the potential purchase of up to 12,000 Bitcoins from a notable independent Bitcoin holder. This move aggressively expands their initial projections, lifting the anticipated acquisition volume from 8,000 to 12,000 BTC, thus showcasing Addentax's resolute commitment to a long-term Bitcoin investment strategy.

Financial Implications

The financial value of this transaction is estimated at approximately $1.3 billion based on current market prices, affirming Addentax's ambition to position itself at the forefront of the digital asset space. The acquisition is expected to be finalized through the issuance of newly created shares of the company's common stock, reflecting a significant investment strategy shift.

Strategic Goals

The management team at Addentax has expressed a strong interest in not only capturing the current bullish trend of Bitcoin but also in establishing a more robust foothold in the evolving cryptocurrency market. By engaging in this acquisition, the company seeks to leverage the high liquidity and global recognition associated with Bitcoin as a store of value.

Due Diligence and Negotiation

While the term sheet sets a preliminary structure for this acquisition, it remains contingent on further negotiations and the formulation of a definitive agreement. Key factors such as the final number of Bitcoins to be acquired, the terms of share issuance, and corresponding prices will require mutual agreement between the parties involved. Due diligence will be performed extensively to ensure all parties meet compliance and regulatory standards.

Company Background

Addentax Group Corp. is not just a player in the cryptocurrency sector. Beyond its aspirations in Bitcoin, the company specializes in integrated services that include garment manufacturing, logistics, and property management. For additional information on Addentax, visit their website at www.addentax.com.

Future Outlook

As Addentax pivots more towards cryptocurrency investments, its shareholders will undoubtedly be watching how these strategic moves pan out amid the fluctuating markets of digital assets. Analysts are closely analyzing the implications this strategic acquisition will have on the company’s overall operations and long-term profitability.

Risk Factors and Forward-Looking Statements

It is also crucial to note that there are inherent risks and uncertainties associated with forward-looking statements concerning this acquisition plan. Such forward-looking comments relate to expectations about future earnings, business strategies, or potential acquisitions. Although Addentax is confident in its plans, actual results may vary due to market volatility and other unforeseen factors.

In conclusion, Addentax Group Corp.'s bold move to acquire a large stash of Bitcoin highlights its commitment to navigating the evolving landscape of digital currencies. As the company lays out its roadmap, the financial and business community will be keenly observing its trajectory within the cryptocurrency space.