Addentax to Raise $200M for 12,000 BTC Purchase

Edgen Crypto

·Feb 11 2026, 02:51

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Key Takeaways

Nasdaq-listed Addentax Group has announced a major strategic pivot into cryptocurrency and artificial intelligence, backed by a significant capital raise. The company signed a Memorandum of Understanding (MOU) to secure $200 million, which it plans to deploy to acquire substantial crypto holdings.

Strategic Funding: Addentax signed an MOU to raise $200 million from two investment institutions to fund its expansion into AI and crypto financial services.
Major BTC Target: The company explicitly plans to acquire up to 12,000 Bitcoin (BTC), signaling a strong conviction in the digital asset.
Stock Offering: The capital will be raised through a common stock offering priced at $1.50 per share.

Addentax Secures $200M MOU for Crypto Expansion

Nasdaq-listed Addentax Group has signed a Memorandum of Understanding (MOU) to raise $200 million, earmarking the funds for a significant push into cryptocurrency and artificial intelligence services. The capital raise is structured as a common stock offering priced at $1.50 per share with two institutional investors. This move positions Addentax to build a substantial treasury of digital assets by leveraging public market capital to enter the crypto space.

Firm Targets 12,000 BTC in Major Acquisition Plan

The core of Addentax's new strategy is an ambitious plan to acquire up to 12,000 BTC. This potential purchase represents a significant new source of institutional demand for Bitcoin. In addition to Bitcoin, the company also expressed intent to acquire other crypto assets, such as TRUMP tokens. A publicly traded company seeking direct ownership of crypto assets at this scale signals growing acceptance of digital currencies within traditional corporate finance, potentially influencing other firms to explore similar strategies.