American tech company GD Culture Group Limited (GDC) plans to form a crypto reserve using the proceeds from the sale of shares for $300 million.
The funds will come from a deal with an investor from the British Virgin Islands.
The company intends to invest in:
Bitcoin (BTC)
OFFICIAL TRUMP (TRUMP)
Digital assets will:
- are placed for a long time in reserve,
- integrated into the company's internal financial operations
GDC CEO Xiaojiang Wang:
"Crypto Reserves is a measured strategy that will strengthen our balance sheet and is in line with the trend of integration with DeFi"
GDC operates in the field of AI and digital avatars, but now enters the crypto asset market with a long-term goal.