Bitcoin treasury company POP Culture plans to issue shares to raise $6 million
2025-09-26 15:28:36
Nasdaq-listed bitcoin treasury company POP Culture announced that it intends to sell 5,000,000 shares of Class A common stock at a price of $1.20 per share, with an expected fundraising amount of $6 million. The issuance is expected to be completed around September 29, 2025, subject to customary closing conditions. The company has previously purchased 300 bitcoins and plans to expand the size of the bitcoin treasury to 1,000.
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