PutBitcoin purchases have reached $ 1.3 billion When the Chinese textile manufacturer enters a non-binding term to acquire up to 12,000 bitcoin. This represents an increase of 50% from the company’s original 8,000 BTC targets that were announced in May 2025, and also marks one of the largest companies’ Bitcoin institutional investment movements in recent months.
🇨🇳 Latest: China’s textile company Addenx Group enters a termination of $ 1.3 billion to acquire up to 12,000 $ BTCincreases from their originally discussed 8,000 $ BTC. pic.twitter.com/lslfonqgaw
– Cointelegraph (@Cointelegraph) July 3, 2025
Also read: Blackrock’s Bitcoin ETF gives more revenue than the S&P 500 Fund
Adentax Bitcoin Purchasing Spark’s institutional interest in the midst of market voltility risks
Strategic company bitcoin investment
This Bitcoin institutional investment strategy represents a dramatic change for the textile manufacturer. The proposed Bitcoin acquisition agreement would transform Addentax’s balance sheet, given the company’s current market value of just $ 6.83 million compared to the Bitcoin purchase of $ 1.3 billion.
CEO Hong Zhida stated:
“The company believes that some established digital assets can serve as a stable part of the company’s long -term holding, given their liquidity and increasing institutional interest in recent years.”
Market risks and regulatory problems
Bitcoin Market Volatility presents significant challenges for the Adentax Bitcoin purchase. The company’s share has been shopping under $ 1 for over a year, and this raises concerns about execution capacity and even potential dilution risks.
Bitcoin regulation risks provide the complexity of the business, especially when adentax is facing Nasdaq compliance with minimum requirements for bid price. The company must regain compliance within 180 days while navigating in Bitcoin Institutional Investment approval process.
The proposed bitcoin acquisition agreement follows growing trends for companies’ adoption, although critics highlight the significant risks associated with Bitcoin market vollatility and uncertainty in legislation that affect large-scale investment.
Also read: Unicredit launches Blackrock Bitcoin ETF with capital protection
Adentax Bitcoin acquisition can lead to the further company digital asset policy if it proves a success. This Bitcoin-institutional investment will be one of the largest test cases of conventional companies regarding large-scale Bitcoin acquisition transactions despite current problems in the market and as well as in the regulatory systems.