TechFlow News, February 11: According to a PRNewswire report, Nasdaq-listed Addentax Group announced that it has signed memoranda of understanding with two investment institutions to raise a total of $200 million by issuing common shares at a price of $1.50 per share on the U.S. market. The proceeds will support business growth in artificial intelligence (AI) and cryptocurrency financial services. Last year, the company unveiled a long-term investment and holding strategy for digital assets, planning to acquire up to 12,000 bitcoins and cryptocurrencies such as TRUMP.
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