| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107230.1200000000 |
| ETH | $2434.7980000000 |
| BNB | $648.3096400000 |
| XRP | $2.1839220000 |
| ADA | $0.5633951000 |
| SOL | $150.6912000000 |
| DOGE | $N/A |
| DOT | $3.4162100000 |
| LTC | $86.2674000000 |
| LINK | $13.3266600000 |
Category: CRYPTO NEWS
The post GD Culture Group Enters $300M Crypto Stock Agreement – Coincu appeared on BitcoinEthereumNews.com. Key Points: GD Culture Group’s $300 million stock agreement for cryptocurrency reserves. Involves certified investor from the British Virgin Islands. Focus on purchasing Bitcoin and TRUMP token. GD Culture Group Limited announced a Common Stock Purchase Agreement to expand its cryptocurrency reserve, targeting Bitcoin and TRUMP tokens. This move reflects ongoing corporate interest in digital assets, enhancing financial strategies. GD Culture’s $300M Deal Targets Bitcoin and TRUMP Tokens GD Culture Group Limited has entered a Common Stock Purchase Agreement with a certified investor LLC from the British Virgin Islands, facilitating the sale of up to $3 billion in common stock. Current documentation confirms a $300 million tranche. This decision aligns with GD Culture’s objective to integrate cryptocurrency into its central financial operations. The main focus of this agreement is to establish a substantial cryptocurrency reserve, prioritizing Bitcoin and TRUMP tokens. The transaction underscores a growing trend among public companies to adopt digital assets as part of their treasury strategies. A significant portion of funds will support this endeavor. “GD Culture’s engagement with the TRUMP token is unprecedented among publicly traded companies, which signals a shift in treasury strategies.” — Michael Johnson, Analyst, Crypto Insights (source) Bitcoin Trends and Novel Reserve Strategies in Focus Did you know? The adoption of a memecoin like the TRUMP token into a cryptocurrency reserve by a US-listed company is unprecedented, marking a novel approach distinct from prior institutional acquisitions focused solely on Bitcoin. Bitcoin’s market data reflects ongoing volatility and substantial changes in value. As of May 13, 2025, Bitcoin trades at $101,770.23, with a $2.02 trillion market cap and a 24-hour trading volume of $61.76 billion, according to CoinMarketCap. The currency’s price fell by 2.28% over 24 hours but increased by 8.16% in the past week. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 02:21…
2025-05-13T03:42:11+00:00