GD Culture Group (GDC) Raises Up to $300M to Buy Bitcoin (BTC) and OFFICIAL TRUMP (TRUMP) Tokens

Nasdaq-listed GD Culture Group Limited (GDC), in collaboration with its subsidiary AI Catalysis Corp., has finalized a significant financing arrangement

Nasdaq-listed GD Culture Group Limited (NASDAQ:GDC), in collaboration with its subsidiary AI Catalysis Corp., has finalized a significant financing arrangement and adjusted its treasury structure with the signing of a common stock purchase agreement with an accredited investor incorporated in the British Virgin Islands.

The agreement, as filed in a Form 8K on Wednesday, will see the company incrementally issue shares over time in order to facilitate the acquisition of up to $300 million in cryptocurrency. The company’s filing explained:

“The purchase units will be issued in tranches at a price of $0.004 per unit, with a minimum of 50 million units and a maximum of 500 million units sold in any twelve-month period. The company will use the net proceeds from the sale of the shares to purchase and hold for the long term Bitcoin (BTC) and/or OFFICIAL TRUMP (TRUMP) tokens, which will be held as reserve assets in the company’s treasury.”

This strategy grants the firm flexibility to issue the investor shares in coordination with prevailing market conditions. The company’s filing stated that it plans to apply for the shares to be listed on Nasdaq.

The move is also a reflection of GDC’s dedication to integrating blockchain technology into its overall business model. The company’s primary focus areas include digital technology innovation, e-commerce through livestreaming, and AI applications, with AI Catalysis serving as the subsidiary at the center of these activities.

The company’s treasury structure has been adjusted to include an敞能开单位net of $0.004, a common stock purchase price of $0.004 per share, and a minimum of 50 million units sold, with a maximum of 500 million units sold in any twelve-month period. The company will apply for the shares to be listed on Nasdaq.

The company’s filing explained that it will be incrementally issuing the shares to the investor over time, adding that the investor will have the right to convert the purchase units into common shares at any time during the term of the agreement.

The move is reflective of an increasing trend among technology-savvy businesses to hold digital currency in their long-term capital strategy. While these shifts carry inherent risk with the volatility of the blockchain assets, there is the potential for firms like GDC to benefit from the global spread of the adoption of digitized assets.

GDC’s new treasury policy follows a broader transformation in the corporate use of cryptocurrencies, especially within companies seeking to fortify their balance sheets with non-traditional but scalable assets. With this acquisition, GDC takes the first step towards establishing a stronger financial foundation while similarly aligning itself with next-generation decentralized finance (DeFi) architectures.

The company’s leadership noted that they selected BTC and/or TRUMP tokens due to their potential for appreciation in value and the company’s belief that it’s important to experiment with leading-edge digital finance strategies.