Odaily Planet Daily reports that NASDAQ-listed company Addentax Group announced that it has signed memoranda of understanding with two investment institutions to raise a total of $200 million through the issuance of common shares to support business growth in artificial intelligence (AI) and cryptocurrency financial services. The company proposed a long-term investment and holding strategy for crypto assets last year, planning to acquire up to 12,000 Bitcoin and cryptocurrencies such as TRUMP. (PRNewswire)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Strategy seeks another $44.1B to accelerate Bitcoin buying
Michael Saylor's Strategy plans to raise $44.1 billion via stock sales to fund Bitcoin purchases, capitalizing on new programs for incremental equity selling. Despite current unrealized losses, Strategy's recent buys have boosted its Bitcoin holdings significantly.
Cointelegraph15m ago
Yesterday, the US Bitcoin spot ETF experienced net inflows of $167 million, with BlackRock's IBIT contributing the majority of the inflows.
Gate News reported that on March 24, according to crypto analyst Trader T's monitoring, the U.S. Bitcoin spot ETF had a net inflow of $167.46 million yesterday (March 23). Among these, BlackRock's IBIT had a net inflow of $161.04 million, accounting for the majority of total inflows; Fidelity's FBTC had a net inflow of $41.7 million; ARK Invest's ARKB had a net outflow of $9.41 million; Grayscale
GateNews35m ago
CoinShares Files for First Bitcoin Volatility ETF – CBIX: Crypto's Version of the Fear Index
CoinShares has submitted an application to the U.S. SEC for a Bitcoin Volatility ETF (ticker: CBIX), a product that tracks Bitcoin price volatility, similar to the VIX fear index in traditional markets. CBIX would allow investors to profit from Bitcoin market volatility and expand CoinShares' product lineup in the United States.
動區BlockTempo37m ago
‘Bitcoin Standard’ author explores reality where decentralized gold stopped WWI
Author of _The Bitcoin Standard_, Saifedean Ammous, believes that fiat is the central problem plaguing society. "The 20th century is just an enormous amount of wealth being taken away from people who produced it and being sent to the meat grinder of war. And this is what fiat does," he told
Cointelegraph42m ago
