An allocation of up to $300 million from a stock purchase agreement has been planned by Nasdaq-listed GD Culture Group for the acquisition of BTC and TRUMP tokens, indicating a strategic shift toward decentralized finance for its corporate treasury.
GDC to Establish Crypto Treasury Through $300 Million Stock Agreement
A significant $300 million common stock purchase agreement has been announced by GD Culture Group Limited (Nasdaq: GDC) with an accredited investor. The funds from this agreement are intended to support a bold new crypto treasury initiative centered on the accumulation of Bitcoin and the official Trump coin (TRUMP).
A notable transition has been marked by the company through this move, placing itself at the crossroads of AI advancement and decentralized finance (DeFi). A substantial share of the proceeds is planned to be directed by GDC toward the long-term acquisition and retention of cryptocurrency assets, effectively embedding digital currencies within its balance sheet and primary financial strategies.
The decision has been characterized by company leadership as an expression of confidence in the wider DeFi movement, with digital assets being regarded as scalable and high-performance components suitable for inclusion in the corporate treasury.
GDC’s adoption of crypto assets as treasury reserve holdings is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies. We believe our forward-looking strategy will further strengthen our financial foundation and drive long-term value creation for our shareholders as decentralized finance continues to evolve.
Mr. Xiaojian Wang, Chairman and CEO, GD Culture Group commented:
Although specific details regarding the allocation between Bitcoin and Trump coin acquisitions have not been disclosed, the inclusion of Trump coin highlights the firm’s openness to engaging with emerging and speculative areas within the cryptocurrency sector.
With institutional interest in crypto treasury strategies continuing to rise, a $300 million commitment has been made by GDC, positioning it among an increasing group of publicly traded firms aiming to align themselves with the transforming digital economy.
