GD Culture Group Limited Announces $300M Stock Purchase Agreement to Buy Bitcoin and TRUMP Meme Coins

Nasdaq-listed technology and e-commerce company, has taken a significant step into the digital asset arena with the announcement of a $300 million stock purchase agreement. The company plans to use the capital to acquire Bitcoin and the TRUMP meme coin.

The agreement, signed with an accredited investor based in the British Virgin Islands, enables the company to issue up to $300 million in common stock, with proceeds being directed towards a crypto treasury strategy.

Nasdaq-listed GD Culture Group Limited announced that it has signed a common stock purchase agreement with a BVI company, which will provide up to $300 million in financing to purchase Bitcoin (BTC) and OFFICIAL TRUMP (TRUMP) tokens as long-term reserve assets.

According to the statement, a “significant portion” of the capital will be used to acquire and hold Bitcoin and the official TRUMP meme coin. This move aligns the company's treasury operations with the decentralized finance sector and marks a deliberate shift toward integrating digital assets into its financial portfolio in the long term.

"GDC's adoption of crypto assets as treasury reserve holdings is a strategic initiative that combines current industry trends with our unique strengths in digital technologies and the livestreaming e-commerce ecosystem," said Xiaojian Wang, Chairman and CEO of GD Culture Group.

This initiative is being executed through the company's subsidiary, AI Catalysis Corp., and represents a broader ambition to integrate scalable digital assets into its financial foundation. GD Culture is primarily recognized for its AI-driven digital human technology and livestreaming services, which are showcased on platforms like TikTok.

Despite reporting a net loss of $14.1 million in 2024 and facing a Nasdaq compliance warning due to falling below the minimum equity threshold, the company views this crypto treasury initiative as a strategic repositioning that could strengthen its long-term outlook.

The growing trend of corporate bitcoin treasuries

With this announcement, GD Culture joins a rapidly growing list of publicly traded companies in including bitcoin into their treasury strategies. The trend, first started by MicroStrategy in 2020, has snowballed into a broader movement.

The archetype of this model, Strategy (formerly known as MicroStrategy), has been accumulating bitcoin since 2019 and currently holds over 568,000 BTC. The company is a firm believer in bitcoin’s role as a reserve asset and has reorganized its operations around this digital asset.

Twenty One, a bitcoin-native company founded by Jack Mallers, is aiming to become the third-largest corporate holder of bitcoin at launch with an initial treasury of over 42,000 BTC. Backed by major investors like Tether, Bitfinex, and SoftBank, the firm is going public via a SPAC merger with Cantor Equity Partners.

Twenty One is structured to measure performance in Bitcoin Per Share (BPS) and aims to offer not only exposure to bitcoin but also develop bitcoin-native financial products and media content.

Another bitcoin-native holding company, Nakamoto is being launched by David Bailey of Bitcoin Magazine through a merger with KindlyMD (NASDAQ:KMDW). Combining a PIPE investment of $400 million and convertible notes for another $300 million, Nakamoto will become the first bitcoin conglomerate publicly traded in the U.S. Its focus will be on maximizing bitcoin holdings per share and leveraging the media influence of BTC Inc. to forge partnerships.