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Publicly Listed Company GD Culture Group Announces $300 Million Investment to Establish Reserves of Bitcoin and TRUMP Cryptocurrency

Publicly Listed Company GD Culture Group Announces $300 Million Investment to Establish Reserves of Bitcoin and TRUMP Cryptocurrency

金色财经金色财经2025/05/13 02:19
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According to a report by Jinse Finance, as reported by Globenewswire, GD Culture Group Limited (NASDAQ: GDC) and its subsidiary AI Catalysis Corp. announced that it has entered into a common stock purchase agreement with a qualified investor from a British Virgin Islands limited liability company, stipulating the sale of common stock worth up to $300 million. The proceeds from this financing will be used to support the company's crypto asset funding strategy, including the purchase of Bitcoin and official Trump Coins (TRUMP). Under the plan, subject to certain restrictions, GDC intends to use a significant portion of the proceeds from any share sales under this financing for the acquisition, long-term holding, and integration of crypto assets into its core funding operations. It is reported that GD Culture Group Limited is a Nevada-based company whose main businesses include AI-driven digital human technology and live e-commerce operations.

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