Addentax Group Eyes 12,000 BTC in $1.3B Deal

Bitget

News

2025/07/03 19:40

By:

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Addentax initially planned 8,000 BTC, now targets 12,000 BTC
Deal structured as $1.3 b term sheet for long-term holding
Marks increasing institutional confidence in Bitcoin

Chinese textile powerhouse Addentax Group has escalated its Bitcoin ambition, signing a $1.3 billion term sheet to acquire up to 12,000  BTC , revised from the previously negotiated 8,000 BTC. This expansion highlights a growing trend of institutional players diversifying into cryptocurrency as a strategic reserve asset.

Addentax’s move reflects a broader shift among global corporations, which are increasingly allocating capital to Bitcoin. By expanding their BTC target, the Group signals deepening confidence in Bitcoin’s role as a hedge against currency devaluation and inflation.

Deal Structure and Strategic Implications

The $1.3 billion agreement under term sheet conditions likely includes phased purchases, compliance checks, and custody solutions to manage transfer and storage. Addentax’s increase in holding indicates not just speculative interest, but a long-term strategy—possibly using Bitcoin as part of their treasury or as a balance sheet diversifier.

This aligns with recent examples: companies like MicroStrategy and Tesla took leads in corporate Bitcoin adoption. Addentax now joins a growing list of corporations integrating BTC into their financial planning toolbox.

🇨🇳 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

What This Means for Crypto and Textile Sectors

Market Validation – A major industrial company committing billions to BTC boosts legitimacy and may attract similar institutional interest.
Economic Strategy – With persistent inflation concerns and currency volatility, holding BTC can help protect corporate wealth.
Industry Crossover – As textile firms aren’t typical crypto adopters, this signals broader sector interest beyond tech and finance.

Read Also :

Bitcoin Price Surge on Binance Tops $110K
Ethereum ICO Whale Moves $2.6M to Kraken Exchange
Hamak Limited Adds Bitcoin to Treasury Reserves
Bitcoin Long-Term Holders Hit Record 14.7M BTC
Global First: Swiss‑Regulated Amina Bank Backs Ripple RLUSD

Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The IMF warns that developed economies are becoming the "eye of the storm" for global debt risks. Countries such as the United States and France accumulated high levels of debt during periods of low interest rates, but now rising interest rates are pushing up repayment costs, and fiscal consolidation faces political resistance. BofA Securities points out that the United States is facing declining tax revenues, France has structural income decline issues, and the UK and Japan are also under pressure. The deteriorating debt sustainability of developed countries may impact global financial markets through shocks in interest rates and capital flows.

华尔街见闻•2026/10/11 09:21

U.S. stocks are approaching historic highs, but institutions are deeply concerned! Goldman Sachs partner: Don't fight the market

华尔街见闻•2026/10/11 09:05

The US market narrative undergoes a "dramatic reversal": shifting from "AI-driven deflation and controllable US debt" to "AI squeezing the bond market, and Bassen unable to control long-term interest rates"

Deutsche Bank points out that the market narrative regarding the U.S. economy has shifted from "AI drives down inflation" to "AI-related bond issuance pushes up U.S. Treasury yields," but pessimism may be overdone. The bank believes that the real risks underestimated by the market are security incidents in the AI ecosystem, failed IPOs, or underwhelming revenues, which could undermine the dollar and support the bond market. In addition, France's fiscal difficulties are putting new pressure on the euro.

华尔街见闻•2026/10/11 07:41

80% of Samsung's storage production for next year has already been locked in by long-term contracts

华尔街见闻•2026/10/11 05:19