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GD Culture Group has secured a $300 million financing commitment, planning to purchase BTC and TRU as reserve assets.
Wu learned that the NASDAQ-listed company GD Culture Group Limited (stock code: GDC) announced the signing of a common stock purchase agreement with a limited liability company in the British Virgin Islands, which committed to providing up to $300 million in financing. The company plans to use the proceeds for its encryption asset reserve strategy, mainly purchasing Bitcoin (BTC) and OFFICIAL TRUMP (TRUMP) Token as reserve assets for long-term holding.