Addentax Group Signs $1.3 Billion Term Sheet to Acquire Up to 12,000 Bitcoins

According to Jinse Finance, Addentax Group Corp. (NASDAQ: ATXG) announced today that it has signed a non-binding term sheet with a major independent Bitcoin holder, proposing to acquire up to 12,000 Bitcoins. This significantly increases the potential acquisition size compared to the 8,000 Bitcoins initially discussed in the company’s May 15, 2025 press release. Based on current market prices, the total market value of the proposed acquisition is approximately $1.3 billion. If the transaction is completed, it will be settled through the issuance of newly issued common shares of the company.