GD Culture Group Limited (NASDAQ: GDC) has secured a $300 million funding commitment through a Common Stock Purchase Agreement with an accredited investor
An accredited investor from the British Virgin Islands will provide a $300 million funding commitment to GD Culture Group Limited (NASDAQ: GDC) through a Common Stock Purchase Agreement. The company plans to use the proceeds to implement a crypto asset treasury strategy, concentrating on purchasing and holding Bitcoin (BTC) and OFFICIAL TRUMP (TRUMP) tokens.
This initiative aims to integrate crypto assets into the core treasury operations of GDC, signifying the company's commitment to decentralization transformation. The move follows industry trends and leverages GDC's strengths in digital technologies and its livestreaming e-commerce ecosystem.
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