The announcement of a huge bet on Trump's currency by a Chinese affiliate has attracted attention. May 14. 2025. A technology company listed on Nasdaq. with its business connected to China and seems to be experiencing financial difficulties recently i

The announcement of a huge bet on Trump's currency by a Chinese affiliate has attracted attention. May 14, 2025. A technology company listed on Nasdaq, with its business related to China and seems to be experiencing financial difficulties recently issued an unusual statement. The company, which relies on short video platform TikTok, to conduct business, announced plans to spend up to $300 million on Bitcoin and cryptocurrency related to President Donald Trump, Trump Coin. The company, called GD Culture Group, has public information showing that it has a subsidiary in China and has only eight employees. Last year, its e-commerce business revenue on TikTok was zero. However, on Monday, the company suddenly announced the huge investment plan, becoming another entity with foreign connections and involved in Trump's cryptocurrency business. According to a statement from GD Culture Group, the $300 million investment in Bitcoin and Trump coins comes from the proceeds of the sale of shares to an unnamed entity located in the British Virgin Islands. The company then confirmed this investment intention in securities filings filed Tuesday night. The move quickly attracted widespread attention, especially given that President Trump is trying to negotiate a deal to allow TikTok to continue operating in the United States. Profits generated by Trump's TRUMP cryptocurrency business flow directly to the Trump family, and the existence of this transaction clearly exacerbates potential conflicts of interest. Ethics experts expressed concern about such foreign-related entities seeking influence or benefits by purchasing Trump-related assets. Mim coins such as TRUMP are essentially cryptocurrencies based on online culture or celebrity image. Their value is highly dependent on speculation and attention and lacks practical applications in the traditional sense. The announcement from GD Culture Group also reveals how investors around the world, including some opaque entities, try to enhance their business prospects or seek some form of influence by establishing connections with Trump's business or cryptocurrency projects. Just announcing connections to Trump’s business can sometimes quickly increase the company’s visibility or stock price, although this effect is often short-lived. For example, the stocks in GD Culture Group's troubled rose 12% on the day of the announcement, but gave up all the gains the next day. Some commentators believe that foreign entities and governments may obviously try to please or influence the US president in such ways. Former House Ethics Committee Chairman Charles Dent said this was a total out-of-bounds act, raising various moral, legal and constitutional issues that must be addressed. Since the Trump currency went public in January, investors around the world have rushed to buy it, and some have made it clear that the purchase is intended to affect Trump. Although GD Culture Group expressed its hope to strengthen its balance sheet and transform its industry by investing in digital assets, its true intentions remain obscure. It is not clear whether GD Culture Group will fully implement its $300 million purchase plan, nor is it sure that funds from unnamed investors in the British Virgin Islands are in place. The company disclosed last month that it could lose its Nasdaq listing qualification for failing to meet certain financial requirements, which made its ability and source of such huge amounts of funds even more questioned. If GD Culture Group finally completes its purchase, it will become the first known Chinese affiliate to break into Trump's memcoin. Although the company mentioned in its financial disclosure that its Chinese subsidiaries may be affected by the Chinese government's request, its China-related background has become more sensitive in combination with the purchase of Trump currency. In recent weeks, the Trump family's business dealings with foreign countries have been increasingly scrutinized and criticized in Washington, USA. Senator Christopher Murphy, Democratic Connecticut, publicly listed a variety of overseas funding sources that flowed into the Trump family's business, including the Mim coins, as well as real estate transactions related to the Qatar government and cryptocurrency transactions with UAE-backed companies. Murphy criticized this behavior as a local mayor for sale meeting opportunities. Representatives from the White House, Trump Group and GD Culture Group did not comment on the incident. Trump began promoting his cryptocurrency business shortly after announcing his candidacy, including the sale of Trump coins three days before the inauguration. The price of this cryptocurrency has experienced drastic fluctuations. Last month, Trump and his business partners announced that they would invite the 220 buyers with the largest number of Trump coins to have dinner with the president, a move that once again triggered a trading frenzy and allowed the Trump family to make further profits. Analysis by the New York Times and Nansen found that many of these big buyers come from overseas countries. Although federal law prohibits foreign investors from donating to political campaigns or presidential inauguration funds, Trump’s cryptocurrency business offers these overseas buyers a new way to support him financially and potentially seek potential impact. Regarding this matter, there are the following points worth paying attention to and thinking: The motivation is doubtful: A company facing the risk of delisting and zero core business revenue suddenly announced a speculative cryptocurrency investment of up to $300 million, and the funds came from an opaque offshore entity, which seems very abnormal in business logic. Its claim to enhance balance sheet and industrial transformation reasons are difficult to fully explain this high-risk, high-value behavior. This strongly implies that there may be non-commercial motivation behind investment. Conflict of interest and potential impact: GD Culture Group's China-related background, coupled with its business reliance on TikTok, and Trump plays a key role in deciding TikTok's fate in the United States. At this time, his investment directly favors Trump's TRUMP currency. This coincidence has triggered serious concerns about conflicts of interest. The deal could be seen as a way to try to build favorable feelings or seek potential impacts in front of key American politicians, whether direct or indirect. Missing transparency: Funding comes from anonymous entities in the British Virgin Islands, which greatly increases the opacity of transactions. In the context of strengthening global regulation of anti-money laundering and flow of funds, this undisclosed source of funds itself is alarming, not to mention that it is closely linked to the US president and his personal economic interests. Ways to circumvent supervision: By purchasing Mim coins associated with politicians, it may provide a new way for foreign funds to bypass traditional campaign donations regulations, indirectly transfer benefits to politicians, or express support. The relative rebirth of the cryptocurrency market and the incomplete regulation provide space for such operations. Political assetization: This incident once again highlights Trump’s ability and willingness to transform his political identity and popularity into business interests. For a listed company, its major investment decisions may be influenced by the attractiveness of its association with a politician rather than based entirely on solid business analysis, which undoubtedly increases its investment risks and blurs the boundaries between politics and business. I will say so much about this topic for the time being. If you have different opinions or suggestions, remember to leave a message to tell me. Welcome to subscribe to my channel, I am a fat monk. Thank you everyone.