According to Globenewswire, GD Culture Group Limited (NASDAQ: GDC) and its subsidiary AI Catalysis Corp. announced that it has entered into a common share purchase agreement with an accredited investor in a British Virgin Islands limited liability company, providing for the company to sell up to $300 million worth of its common shares. Proceeds from the financing will be used to support the company's crypto asset funding strategy, including the purchase of Bitcoin and official Trumpcoin (TRUMP). Under the plan, subject to certain restrictions, GDC plans to use a significant portion of the proceeds from any share sale under the financing for acquisitions, long-term holdings, and the integration of crypto assets into its core funding operations.
It is reported that GD Culture Group Limited is a Nevada company whose main business includes artificial intelligence-driven digital human technology and live e-commerce business.
GD Culture Group Announces $300 million Investment to Build Cryptocurrency Reserves like Bitcoin and TRUMP
2025-05-13 01:29:41
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