GD Culture Group to Sell up to $300 Million of its Common Stock to Build Bitcoin, Trump Coin Reserve

MT Newswires Live

05-12

GD Culture Group (GDC) said Monday it has entered into an agreement with an accredited investor to sell up to $300 million of its common stock.

Proceeds from the sale of common stock will be used to support its purchase of Bitcoin and Official Trump coin to support the company's crypto asset treasury strategy.

Shares of GD Culture Group were up 47% in recent early Monday trading.

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