China’s Firms Bet Big on Bitcoin with Bold New Strategies
Two Chinese companies, DDC Enterprise and Addentax, are taking major steps to integrate Bitcoin into their financial strategies, signaling growing corporate interest in crypto.
DDC Enterprise, a publicly listed Chinese company, has announced a new strategy to build a Bitcoin reserve of 5,000 BTC. This move is part of its broader 2025 growth plan, which also includes a joint venture in China expected to generate $3 million annually in net profits. The company’s leadership sees Bitcoin as a long-term hedge and a way to diversify its reserves and increase shareholder value.
Meanwhile, Addentax, a Chinese firm listed on NASDAQ under the symbol ATXG, is looking to buy up to $800 million in Bitcoin and other digital assets. To finance this, the company plans to issue new shares. This dual focus on logistics and garments, combined with a crypto push, shows how traditional industries are starting to embrace blockchain-based financial strategies.
