24/7 Market News Snapshot 15 May, 2025 – Addentax Group Corp. Common Stock (NASDAQ:ATXG)

May 15, 2025

DENVER, Colo., 15 May, 2025 (www.247marketnews.com) – (NASDAQ:ATXG) are discussed in this article.
Addentax Group Corp. (ATXG) has gained significant traction in the market, witnessing a remarkable increase in its stock price, which opened at $0.774 and surged to an impressive high of $1.865—an astonishing rise of 159.57%. This leap follows a closing price of $0.719 in the prior session, underscoring the strong bullish momentum surrounding the company. With a notable trading volume of 5.91 million shares, investor interest has surged, suggesting a potential breakout from recent resistance levels that may herald further upward trends.

In a strategic pivot, Addentax is exploring significant engagement in the cryptocurrency space, with plans to potentially acquire up to 8,000 Bitcoins, among other digital assets. This initiative is aimed at bolstering the company’s balance sheet while reinforcing its long-term investment strategy in digital currencies. With an estimated market value of around USD 800 million, this ambitious venture is set to attract a variety of crypto holders as prospective shareholders, thereby enhancing Addentax’s strategic network within the digital economy.

Mr. Hong Zhida, CEO of Addentax, expressed enthusiasm regarding this initiative, highlighting that it supports the broader blockchain strategy of the company. He emphasized the potential of established digital assets like Bitcoin to serve as a stable component of long-term holdings, especially amid growing institutional interest in the crypto sector.

As the landscape of cryptocurrencies continues to evolve, Addentax Group Corp. is committed to positioning itself as a key player within this dynamic market. The anticipated acquisition reflects the company’s forward-thinking approach and confidence in the mounting value of digital assets in contemporary investment portfolios. Addentax continues to serve as an integrated service provider in garment manufacturing, logistics, and property management while navigating the promising waters of digital asset investment.

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