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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.