EddieJayonCrypto
14 May 25
A Chinese-linked Nasdaq-listed company, GD Culture Group, plans to raise up to $300 million from a private investor to purchase Bitcoin and the Trump-themed memecoin TRUMP. The firm, with minimal revenue and only eight employees, intends to use funds from a private stock placement with an investor b...
Chinese-linked Nasdaq-listed firm GD Culture Group plans to raise up to $300 million from a private investor based in the British Virgin Islands to purchase Bitcoin and the Trump-themed memecoin TRUMP. The company, which has minimal revenue and just eight employees, aims to leverage a private stock placement to fund this significant investment, potentially transforming it from a penny stock into a major crypto market player. GD Culture Group’s plan involves issuing new shares under an equity line agreement that could boost its assets from $14 million to over $300 million, subject to shareholder approval and stock price movements. This aggressive crypto strategy positions GD Culture Group to become one of the largest holders of TRUMP tokens, a memecoin that has already generated more than $320 million in fees for Donald Trump and his family. The move raises concerns about potential conflicts of interest and regulatory scrutiny amid ongoing debates in Washington about TikTok's ownership, national security, and ethics surrounding president-linked financial gains. The timing is particularly sensitive as President Trump considers TikTok’s fate in the U.S. and recently held exclusive events for top TRUMP token holders. Details on the investment’s timeline, escrow safeguards, and identity of the private investor remain undisclosed, leaving questions about the transaction’s transparency and scale. While the $300 million funding might not allocate entirely to TRUMP tokens, a substantial portion could influence the token’s liquidity and valuation, especially as it currently boasts active on-chain holders and strong trading volume. GD Culture Group’s pivot echoes tactics used by other firms that embraced Bitcoin aggressively, but unlike established profitable companies, GDC lacks revenue and robust public accountability. This development spotlights complex intersections of politics, cryptocurrency, and emerging regulatory challenges, making it one of 2025's most unusual financial narratives.