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$BTC Acquisition Plan: GD Culture Group To Sell $300M in Shares for Crypto Treasury
Nasdaq-listed GD Culture Group has signed an agreement to sell up to $300 million in shares to fund $BTC and 
$TRUMP meme coin purchases.
The company plans to use a "significant portion" of the proceeds to integrate #crypto assets into its core treasury operations.
This strategy aims to enhance the balance sheet of the digital human technology and e-commerce firm.
CEO Xiaojian Wang stated the move "reflects both current industry trends and our unique strengths in digital technologies."
The company reported a $14.1 million net loss in 2024 and recently received a Nasdaq compliance warning for failing to meet minimum stockholders' equity requirements.
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