- Amid the pressure to commit to Nasdaq listing, GD Culture Group bags a $300M stock purchase deal to finance BTC and TRUMP acquisitions.
- The shift comes when GDC is non-compliant with the shareholder equity requirement of Nasdaq, which may cause the company to lose its listing status.
- GDC’s crypto buys might not materially affect BTC because of its size but could significantly affect TRUMP prices based on its low liquidity.
GD Culture Group Limited (Nasdaq: GDC) has announced a $300 million funding agreement to establish a cryptocurrency reserve comprising Bitcoin and TRUMP. This strategic move is being made at a time when the company receives a warning from Nasdaq for failing to meet the minimum shareholder equity requirements to be compliant for its listing.
Despite having a market capitalization of around $40 million, GD Culture is set to continue with the crypto asset initiative to incorporate the digital currency into its core business activities.
GDC Secures $300M to Fuel Crypto Buys, AI Expansion
On May 12, 2025, GD Culture Group entered into a Common Stock Purchase Agreement with a British Virgin Islands-based investor. The agreement permits the sale of up to $300 million of common stock to the investor. Revenue from this facility will primarily be used to support the company’s crypto asset acquisition program, targeting BTC and the TRUMP tokens.
This financing scheme is enabled through GDC’s wholly owned subsidiary AI Catalysis Corp. The company is currently engaged in AI-based digital human technology and livestreaming e-commerce. The funding is expected to support the expansion of these businesses while embedding crypto as a core component of capital management.
GDC’s Planned Crypto Buys May Boost TRUMP, Support BTC
As of May 13, 2025, both BTC and TRUMP have seen a price decline with Bitcoin trading at $103,645, down 0.33% from the previous close while TRUMP trades at $12.91, marking a 8.89% decline.
GD Culture Group’s planned purchases may create upward pressure, especially on TRUMP due to its lower liquidity. While BTC’s large market cap limits immediate price effects, steady buying could still support prices. TRUMP, being more volatile, may react more sharply to concentrated acquisitions as short term dynamics of the movement may be affected by the timing and volume of purchases.