Addentax Group Corp. (ATXG) announced an investment plan that will make a sound in the crypto currency world. Company, Bitcoin up to 800 million dollars $102,153.55 And it aims to buy prominent crypto currencies like Trump. In order to realize these purchases, it plans to export stocks and trade directly with crypto currency owners. Although a binding agreement has not yet been made, the ATXG process defines the process as the beginning of a long -term strategy.
Target 8,000 Bitcoin
Atxg is preparing to offer its shares to crypto currency owners to obtain approximately 8,000 Bitcoin and some selected tokens. According to a statement from the company, the investors they discussed consist of experienced and recognized names in the sector. In this way, they want to strengthen their financial structures and expand the company’s list of partners with experienced crypto currency investors.
The strategy behind the plan is not only investment; It is also considered the first step of the transition to the digital economy. ATXG wants to reflect the liquidity advantage offered by the crypto money market to the company balance sheet. According to the company CEO Hong Zhida, this initiative coincides with Addentax’s growth and transformation goals.
GD Culture and Trump Coin example have created doubt
ATXG’s plan brought to mind the steps of the Chinese GD Culture Group, which recently announced a similar investment. GD Culture attracted attention by investing in Bitcoin and Trump of $ 300 million. However, how the company, which had only eight employees, did not earn any income, it was the subject of discussion. The stock exchange, which was performed through an anonymous company on the British Virgin Islands, caused question marks because the details were not shared.
Trump, especially Trump, continues to attract great attention thanks to his political ties. However, because of the lack of any purpose of use of this token and does not have internal value, some investors are cautious. Nevertheless, the use of a means of communication in high political influences causes interest to continue.
Trump close to Trump -related projects in the USA
In the United States, Trump’s crypto currency projects are on the radar of regulators. Some democratic members in the House of Representatives demanded reports from the Treasury Ministry of Trump on crypto currency transactions connected to Trump. Suspect financial movements and internal agreements are the basis of criticism directed to companies at the center of projects such as World Liberty Financial.
Supported by Movement Labs, Move Token also suffered a major depreciation with these developments. Experts point out that the transparency movements of newly entering the sector can damage market confidence. It is emphasized that companies such as ATXG should share more clearly and clear information in order not to stay in the focus of similar discussions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
