Another American company adds $TRUMP to its reserve fund
GD Culture Group (GDC) - a Nasdaq-listed technology company, has just signed an agreement to sell up to $300M in shares to an investor from the Virgin Islands. All of this money will be used to establish a crypto reserve fund for the company, focusing on $BTC and $TRUMP.
The company's CEO, Mr. Xiaojian Wang, stated: "We believe that integrating crypto into the treasury will create long-term value for shareholders and help GDC lead the wave of blockchain transformation."
GDC's shares surged over 70% after the news but quickly corrected down by -37% from the peak in the same session.
