NEW: GD Culture Group Goes Big on Bitcoin! 🚨
🇺🇸 Nasdaq-listed GD Culture Group (GDC) just bought 7,500 $BTC in an $876M deal, making it one of the top 15 public companies by Bitcoin holdings!
💰 The acquisition was done via a share exchange, issuing 39.2M new shares, which caused GDC stock to drop 28%—its biggest fall in over a year.
📌 CEO Xiaojian Wang says this move is part of GDC’s plan to build a diversified crypto reserve, leveraging Bitcoin’s growing institutional acceptance.
🔹 GDC also plans to raise up to $300M in shares to fund purchases of Bitcoin and the TRUMP memecoin.
⚡ Market reacts with caution, highlighting the challenges of integrating major digital assets into corporate balance sheets.
#bitcoin #Crypto #GDC #BTC #CryptoNews #BitcoinTreasury #



