China’s Addentax Textile Doubles Down: $1.3B Bitcoin Bet Secures 12K BTC in Bold Crypto Move
Another corporate giant jumps on the Bitcoin bandwagon—this time with a nine-figure splash. Addentax Textile just upped its crypto ante, dropping $1.3 billion to grab 12,000 BTC. Who needs fabric margins when you’ve got volatile digital gold?
Why the sudden pivot? The textile titan’s treasury strategy now reads like a crypto hedge fund’s playbook. Traditional industries are clearly tired of watching tech firms hog all the speculative gains.
Market impact? Another institutional whale diving into Bitcoin’s shallow liquidity pool. At this rate, Wall Street’s ‘risk management’ seminars might need a blockchain module—or a stiff drink.
LATEST: China’s textile company Addentax Group enters a $1.3 billion term sheet to acquire up to 12,000 $BTC, increasing from their originally discussed 8,000 $BTC. pic.twitter.com/LSLFONqGAw
— Cointelegraph (@Cointelegraph) July 3, 2025
Addentax Bitcoin Purchase Sparks Institutional Interest Amid Market Volatility Risks
The Addentax Bitcoin purchase demonstrates how traditional companies are, right now, embracing cryptocurrency as a strategic asset. Addentax Group Corp. (NASDAQ: ATXG) has structured this Bitcoin acquisition deal to be settled through newly issued shares rather than cash, and this provides an innovative financing approach for large-scale digital asset purchases.
Strategic Corporate Bitcoin Investment
This bitcoin institutional investment strategy represents a dramatic shift for the textile manufacturer. The proposed Bitcoin acquisition deal would transform Addentax’s balance sheet, given the company’s current market capitalization of just $6.83 million compared to the $1.3 billion Bitcoin purchase.
CEO Hong Zhida stated:
The transaction remains subject to negotiation, due diligence, and also regulatory approvals. Critical details including exact Bitcoin quantities, share issuance terms, and pricing mechanisms await finalization at the time of writing.
Market Risks and Regulatory Concerns
Bitcoin market volatility presents significant challenges for the Addentax Bitcoin purchase. The company’s stock has traded below $1 for over a year, and this raises concerns about execution capabilities and also potential share dilution risks.
Bitcoin regulatory risks add complexity to the deal, particularly as Addentax faces Nasdaq compliance issues regarding minimum bid price requirements. The company must regain compliance within 180 days while also navigating the Bitcoin institutional investment approval process.
The proposed Bitcoin acquisition deal follows growing corporate adoption trends, though critics highlight the substantial risks associated with Bitcoin market volatility and regulatory uncertainty affecting large-scale investments.
The Addentax Bitcoin acquisition may lead to further company digital asset policy in case it proves a success. This Bitcoin institutional investment will be one of the biggest test cases of conventional companies when it comes to large-scale Bitcoin acquisition transactions despite current issues in the market and as well as in the regulatory systems.
