Publicly Listed GD Culture Group Announces $300 Million Investment to Establish Reserves in Cryptocurrencies Like Bitcoin and $TRUMP

According to Globenewswire, GD Culture Group Limited (Nasdaq: GDC) and its subsidiary, AI Catalysis Corp., have announced that they have entered into a common stock purchase agreement with a qualified investor, a British Virgin Islands limited liability company, stipulating that the company will sell up to $300 million worth of its common stock.

The proceeds from this financing will be used to support the company's crypto asset funding strategy, including the purchase of Bitcoin and official $Trump Coin ($TRUMP). According to the plan, subject to certain limitations, GDC plans to use a significant portion of the proceeds from any share sales under this financing to acquire, hold long-term, and integrate crypto assets into its core capital operations.

It is reported that GD Culture Group Limited is a Nevada corporation whose primary businesses include AI-driven digital human technology and live-streaming e-commerce.