Chinese firms GD Culture Group and Addentax Group pledged hundreds of millions of dollars to purchase Trump’s memecoin, aiming to boost their stock prices and prevent delisting from Nasdaq. The strategy involves buying cryptocurrency to temporarily raise share values and potentially gain favor …
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GD Culture Group, a small Nasdaq-traded technology company with ties to China, announced plans to purchase up to $300 million in Bitcoin and $TRUMP cryptocurrency. The investment comes amid financial challenges for the company, including a Nasdaq delisting warning and a $14.1 million net loss in …
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