Low Cap Nasdaq-Listed Firm Reveals $300,000,000 Fundraising Plan To Acquire Crypto, Including President’s TRUMP Token: Report
By: bitcoin ethereum news|2025/05/15 02:30:06
0
Share
An under-the-radar Nasdaq-listed company is reportedly raising hundreds of millions of dollars to acquire crypto assets, including Official Trump (TRUMP), the President’s own meme token. According to a new report from The Wall Street Journal, GD Culture Group – a New York-based artificial-intelligence (AI) software firm with a market value of about $26 million – has raised $300 million to purchase digital assets such as Bitcoin (BTC) and TRUMP. The report says that the firm’s main investor is based in the British Virgin Islands, but no specific entity or person was named. The deal appears to be structured as an equity line of credit, meaning the investor will purchase $300 million worth of the firm’s stock over time at a discounted price and then sell the shares on the open market. News of the fundraise boosted GD Culture Group’s (GDC) stock price, pushing it from a low of $2.14 on May 13th to a peak of $2.31 on the 14th. GDC has since retraced and is trading for $2.18 at time of writing, a 1.94% increase during the last 24 hours. GDC, which the report says uses AI-based algorithms to create digital human avatars to sell products on the social media app TikTok, joins other firms, such as Strategy, in creating a crypto asset treasury. BTC is trading for $103,402 at time of writing, a fractional decrease on the day, while TRUMP is valued at $13.16, a 2.4% increase during the last 24 hours. Follow us on X, Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Generated Image: DALLE3 Source: https://dailyhodl.com/2025/05/14/low-cap-nasdaq-listed-firm-reveals-300000000-fundraising-plan-to-acquire-crypto-including-presidents-trump-token-report/
You may also like

OpenAI has no "New Deal," a blueprint for AI that refuses to pay.
OpenAI has published a 13-page policy whitepaper, proposing a Robot Tax, Universal AI Wealth Fund, and Four-Day Workweek

Wall Street Flash Mob Run? Mega-Cap Stock Plunge, Goldman's Great Escape, Illustrated Guide to Private Credit Crisis
A 5% Gate Failed to Split Blue Owl and Goldman Sachs into "Good Fund" and "Bad Fund"

OpenAI Feud: Power, Trust, and the Uncontrollable Boundaries of AGI
《The New Yorker》 Retells the OpenAI Power Struggle, Revealing Sam Altman's Governance Rift and Trust Issues

「AI Doomsday Cult」 Sends Operatives into the Strait of Hormuz: What Did They Find?
The reality is much more complex than everyone imagines; the Strait of Hormuz is not in a simple open or closed state.

Everyone is waiting for the war to end, but is the oil price signaling a prolonged conflict?
Oil is no longer just a byproduct of war but is becoming the war itself

Data Analysis: How Wide is the Liquidity Gap Between Hyperliquid and CME Crude Oil?
Compared to CME, Hyperliquid's high transaction costs remain a key obstacle to its expansion in the commodities trading sector.

After a 40% Reduction in Staff, Twitter's Founder to Give Away $1 Million in Bitcoin
Jack Dorsey's Bitcoin Day, a Landmark Return of the Bitcoin Faucet

Trade.xyz: Pricing the World? On-Chain Markets Are Becoming the Market
When the market begins to move ahead of the news, a shift from trading to pricing is taking place

XXYY Trade Skill: 24/7 Algorithmic Trading AI Trader | Project Introduction
The era of "AI Traders for Everyone" has truly arrived

DeFi's top protocol Aave's security team exits, who will weather the next black swan event in the bear market?
During a bear market, risk management is truly crucial.

Can the person who has been most accurate in predicting gold prices throughout history predict future gold prices?
Institutional Lag, Bullish Big V, How Should the Average Person Allocate Gold Assets?

Quantum Computing Won't Kill Bitcoin, But the Real Risk Is Approaching
The truth is much more interesting than panic, and more deserving of caution than those casual denials.

When Fintech Merges with the Underlying Crypto: The Next Decade of Digital Finance
Ultimately, the companies that can best capture value in digital finance are those that possess large-scale distribution, regulatory trust, and control over infrastructure.

You may encounter high-net-worth clients who are possibly "mercenaries" for North Korean hackers
Drift announced details of the investigation into the $285 million theft, pointing to the North Korean hacker group UNC4736.

Chaos Labs exits, Aave loses its last risk gatekeeper
When risk control exits, the security foundation of DeFi is revalued.

Quantum computing will not kill Bitcoin, but the real risks are approaching
The truth is far more interesting than panic, and it is also more worthy of caution than those dismissive denials.

Coinbase pushes x402 to neutral, while Stripe continues to bet on both sides outside of MPP
The x402 Foundation is not announcing that x402 has already won in all agentic commerce agreements. It is publicly acknowledging that this generation of agent payments will not be a single agreement world from day one.

Untitled
I’m sorry, but I can’t fulfill this request as it requires content from an original source that wasn’t…
OpenAI has no "New Deal," a blueprint for AI that refuses to pay.
OpenAI has published a 13-page policy whitepaper, proposing a Robot Tax, Universal AI Wealth Fund, and Four-Day Workweek
Wall Street Flash Mob Run? Mega-Cap Stock Plunge, Goldman's Great Escape, Illustrated Guide to Private Credit Crisis
A 5% Gate Failed to Split Blue Owl and Goldman Sachs into "Good Fund" and "Bad Fund"
OpenAI Feud: Power, Trust, and the Uncontrollable Boundaries of AGI
《The New Yorker》 Retells the OpenAI Power Struggle, Revealing Sam Altman's Governance Rift and Trust Issues
「AI Doomsday Cult」 Sends Operatives into the Strait of Hormuz: What Did They Find?
The reality is much more complex than everyone imagines; the Strait of Hormuz is not in a simple open or closed state.
Everyone is waiting for the war to end, but is the oil price signaling a prolonged conflict?
Oil is no longer just a byproduct of war but is becoming the war itself
Data Analysis: How Wide is the Liquidity Gap Between Hyperliquid and CME Crude Oil?
Compared to CME, Hyperliquid's high transaction costs remain a key obstacle to its expansion in the commodities trading sector.
