en.bitcoinsistemi.com
Nasdaq-listed GD Culture Group announced that it has chosen Bitcoin (BTC) and US President Donald Trump's memecoin Official Trump ($TRUMP) as part of its cryptocurrency holding strategy.
According to the official statement, GD Culture Group announced that it has reached an agreement to sell $300 million worth of shares to finance its cryptocurrency strategy.
At this point, the company has signed a stock purchase agreement with a British Virgin Islands-based company that has pledged to provide up to $300 million in financing to purchase Bitcoin and $TRUMP as long-term reserve assets.
GD Culture Group stated that the funds will be used to support its crypto treasury strategy, including the purchase of Bitcoin and $TRUMP.
Mr. Xiaojian Wang, Chairman of the company, said:
“GDC’s adoption of crypto assets as treasury reserves is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies and the livestream e-commerce ecosystem.
Our significant partnership with the British Virgin Islands-based investor provides strong momentum for this initiative, reinforcing our leadership in pursuing growth opportunities and embracing blockchain-driven industrial transformation.
We believe our forward-looking strategy will further strengthen our financial foundation and drive long-term value creation for our shareholders as decentralized finance continues to evolve.”
*This is not investment advice.