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Critical move of 300 million Dollar from the giant company listed on Nasdaq! "Bitcoin (BTC) and TRUMP has been elected!"
GD Culture Group listed on Nasdaq announced that it has chosen to hold Bitcoin (BTC) and U.S. 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 shares worth 300 million dollars to finance its cryptocurrency strategy.
At this point, the company signed a stock purchase agreement with a company based in the British Virgin Islands that promises to provide financing of up to 300 million dollars to purchase Bitcoin and TRU as long-term reserve assets.
GD Culture Group stated that the funds will be used to support the cryptocurrency treasury strategy, including the purchase of Bitcoin and TRUMP.
The Chairman of the Board of Directors, Mr. Xiaojian Wang, said the following:
"The adoption of GDC's crypto assets as a treasury reserve is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies and the live streaming e-commerce ecosystem."
Our important partnership with the investor based in the British Virgin Islands is providing strong momentum for this initiative, reinforcing our leadership in pursuing growth opportunities and embracing blockchain-focused industrial transformation.
We believe that our forward-looking strategy will further strengthen our financial foundation and drive long-term value creation for our shareholders as decentralized finance continues to develop.