Low Cap Nasdaq-Listed Firm Reveals $300,000,000 Fundraising Plan To Acquire Crypto, Including President’s TRUMP Token: Report

Low Cap Nasdaq-Listed Firm Reveals $300,000,000 Fundraising Plan To Acquire Crypto, Including President’s TRUMP Token: Report

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According to what was reported by a company listed in the Nasdaq list under the radar hundreds of millions of dollars to gain encryption assets, including the official Trump (TrumpThe president’s Mimi icon.

According to a new a report From The Wall Street Journal, GD Culture Group-a New York-based software company (AI) raised a market value of about 26 million dollars -300 million dollars to buy digital assets such as Bitcoin (BTCAnd Trump.

The report says that the company’s main investor is located in the British Virgin Islands, but no specific entity or person has been named.

The deal appears to be organized as a credit line of stocks, which means that the investor will buy the company’s shares of $ 300 million over time at a reduced price, then sell shares in the open market.

The news collection news has strengthened the price of the GD Culture Group (GDC), which prompted it from the lowest level at $ 2.14 on May 13 to the peak of $ 2.31 in the fourteenth. GDC has since recovered and traded for $ 2.18 at the time of writing this report, an increase of 1.94 % over the past 24 hours.

GDC, which says the report uses artificial intelligence -based algorithms to create digital human embodiment to sell products on the TIKTOK social media application, joins other companies, such as the strategy, in creating an encrypted asset cabinet.

BTC is trading at $ 103,402 at the time of this report, which is a decrease per day, while Trump’s value is $ 13.16, an increase of 2.4 % over the past 24 hours.

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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.

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