📢🗞️$$ China-Linked Firm Plans $300M Acquisition of $TRUMP Token.📢🗞️
GD Culture Group, a firm with Chinese operations, has announced a bold move to raise $300 million to invest in Bitcoin and the $TRUMP token. The Nasdaq-listed company, which operates through subsidiaries including Shanghai Xianzhui Technology in China, plans to fund this cryptocurrency acquisition through a stock offering, having signed a purchase agreement with a British Virgin Islands-based investor
This strategic pivot into digital assets comes despite GD Culture Group facing potential delisting from Nasdaq due to financial shortcomings. The company aims to bolster its treasury with these popular cryptocurrencies.
