Isabella García
GD Culture Group (GDC), a Nevada-registered tech company listed on Nasdaq, has unveiled a bold move into the world of crypto treasury management. The firm signed a stock purchase agreement worth up to $300 million with an investor based in the British Virgin Islands, marking a strategic shift to allocate capital toward Bitcoin and the TRUMP memecoin.
The company announced on Monday that a “significant portion” of the funds raised from the share sale will be directed toward the purchase, long-term holding, and treasury integration of digital assets.
While GD Culture has not disclosed exact allocation figures, it confirmed that both Bitcoin and TRUMP will be added to its crypto asset portfolio. The primary goal, according to the company, is to strengthen its financial position by diversifying with digital reserves.
“Our decision to incorporate crypto assets into our treasury reflects current financial trends and leverages our core expertise in AI and livestreaming e-commerce,” said Xiaojian Wang, GDC’s Chairman and CEO.
AI, Digital Humans, and E-Commerce: GDC’s Broader Vision
Operating through its subsidiaries AI Catalysis and Shanghai Xianzhui Technology Co., Ltd., GDC focuses on AI-powered digital humans and live e-commerce experiences, especially on platforms like TikTok. The firm aims to blend next-gen tech with crypto finance as it evolves its business strategy.
Despite posting a net loss of $14.1 million in 2024, GDC slightly improved on its previous year’s deficit of $14.3 million, according to recent earnings data. However, it’s currently under pressure from Nasdaq, which issued a notice last month citing non-compliance with the $2.5 million minimum stockholders’ equity requirement. GDC now has 45 days to present a recovery plan.
Corporate Crypto Adoption Accelerates Amid Political Support
President Donald Trump’s pro-crypto stance, including his push for national Bitcoin reserves, has prompted a wave of corporate interest in digital assets.
Recently, Freight Technologies, another Nasdaq-listed company, announced a $20 million financing deal to acquire Official Trump memecoin. On the same day, Strategy (formerly MicroStrategy), led by Michael Saylor, revealed it had acquired an additional 13,390 BTC worth $1.34 billion, bringing its total holdings to 568,840 BTC, now valued at over $59 billion.
Meanwhile, Japan’s Metaplanet disclosed a purchase of 1,241 BTC, boosting its holdings to 6,796 BTC, surpassing El Salvador’s national reserves.
