Nasdaq-listed GD Culture plunges on $875M Bitcoin acquisition deal

GD Culture fell 28% after announcing it would acquire 7,500 BTC in a deal that would see it issue 39.1 million of its shares.
BeInCrypto

GD Culture Group Expands into Bitcoin, But Stock Market Punishes Move

GD Culture Group to acquire 7,500 BTC in Pallas Capital deal, but stock falls 28% as investors weigh risks for Bitcoin ...
Nasdaq

GD Culture Group Limited Enters $300 Million Common Stock Purchase Agreement to Enhance Crypto Asset Treasury Strategy

GDC announces $300 million stock sale to fund crypto asset treasury strategy, enhancing its balance sheet and DeFi involvement. GD Culture Group Limited (GDC) and its subsidiary, AI Catalysis Corp., ...