$300M Move Into Bitcoin & Trump Coin Amid Delisting Risks
The post $300M Move Into Bitcoin & Trump Coin Amid Delisting Risks appeared on BitcoinEthereumNews.com.
Key Takeaways: GD Culture Group commits up to $300 million to purchase Bitcoin and Trump Coin as part of its new crypto reserve strategy. The company faces a Nasdaq delisting warning after disclosing only $2,643 in equity—far below the required $2.5 million. Despite financial red flags, GDC joins a growing trend of public firms integrating crypto into corporate treasuries. GD Culture Group Limited (Nasdaq: GDC) has announced a bold $300 million crypto asset plan, aiming to build a reserve comprising Bitcoin and the controversial Trump Coin. The move signals a dramatic shift for the small-cap company, which is currently under pressure from a Nasdaq delisting threat due to failing to meet minimum equity requirements. Read More: $1.34B Bitcoin Buy Sends Shockwaves as Strategy Nears $40B BTC Holdings—Is a Pullback Coming? GDC Unveils $300M Crypto Treasury Strategy GD Culture Group, through its subsidiary AI Catalysis Corp., signed a stock purchase agreement with a British Virgin Islands investor to raise up to $300 million. The funds will be directed toward building a long-term reserve of digital assets, specifically Bitcoin and Trump Coin. According to the company’s official press release, this strategy reflects “confidence in the ongoing decentralization transformation.” Xiaojian Wang, Chairman and CEO of GD Culture, stated that the move is a “deliberate strategy” rooted in the company’s strengths in AI-driven livestreaming and digital technology. The company believes integrating high-performance digital assets into its treasury will enhance its financial position while aligning with the broader growth of decentralized finance (DeFi). The decision puts GDC in the same camp as other publicly listed companies such as MicroStrategy and Japan’s Metaplanet, which have increasingly embraced Bitcoin as a strategic reserve. However, GDC’s financial background and the inclusion of Trump Coin—a politically themed memecoin with high volatility—make this case notably more speculative. Read More: Trump…
Filed under: News - @ May 13, 2025 10:29 am