GD Culture Group (GDC), a Nasdaq-listed company, aims to raise $300 million for a cryptocurrency treasury reserve. GDC and its subsidiary, AI Catalysis, have entered a stock purchase agreement to sell common stock worth up to $300 million. The funds will be used for a crypto treasury, including Bitcoin and TRUMP token purchases. GDC sees this move as part of the decentralization trend. With a market cap of $34 million, GDC's CEO views this as a strategic step towards blockchain adoption. The company recently faced Nasdaq noncompliance due to low stockholders' equity. GDC joins a small group of public firms investing in crypto assets. The announcement coincides with a Trump token event, where top holders will attend a White House dinner. However, concerns arise over regulatory scrutiny on politically linked memecoins. Subscribe to Finance Redefined for more insights on DeFi developments and financial opportunities. Read more AI-generated news on: https://app.chaingpt.org/news

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