Microcap Company Launches $300M Bitcoin & Trump Coin

Microcap Company Launches $300M Bitcoin And Trump Coin Purchase Despite Nasdaq Compliance Warning

13 May 2025 at 15: 25

Reading time: 2 minutes

Microcap company GD Culture Group Limited has ambitious plans to sell up to $300 million worth of shares to acquire Bitcoin en Trump Coin, while simultaneously bracing itself for a looming delisting from Nasdaq due to financial setbacks. The AI-driven digital technology and livestreaming venture recently signed a purchase agreement with a British Virgin Islands investor to build a new cryptocurrency strategy.

It is notable that this decision by GD Culture comes at a time when the company has been warned by Nasdaq that it no longer meets the minimum shareholder equity requirements. The financial condition of the company is worrying: according to the regulations, GD Culture reported only $2.643 in equity, far below the $2,5 million required to remain on the Nasdaq list.

The company was given until May 4 to file a compliance plan, with Nasdaq then giving the company up to 180 days to improve its situation while continuing to trade under the ticker GDC. With a market cap of $28 million and net losses of $14 million in 2024, it’s understandable that questions about the viability and potential share dilution of GD Culture’s crypto ambitions are being raised.

GD Culture’s path has not been without changes. The company has reinvented itself several times, first as Code Chain New Continent Limited and before that as TMSR Holding Company Limited. Today, it operates through its US subsidiary AI Catalysis and Chinese subsidiary Shanghai Xianzhui Technology Co., Ltd. Its previous business activities ranged from coal processing to iron ore trading, but its focus is now on digital content and AI technology.

Shares of GD Culture closed at $2,51, after rising as high as $8,18 on Monday following the announcement. Bitcoin was trading at around $102.500 at the time, while Trump Coin was priced at $12,6, down 9% in the past 24 hours.

Frequently Asked Questions

How Much Money Does GD Culture Group Want to Raise for Crypto Purchases?
GD Culture Group aims to raise up to $300 million to acquire Bitcoin and Trump Coin.

What is the current financial situation of GD Culture Group?
The company recently received a warning from Nasdaq because it has only $2.643 in equity, which is well below the required $2,5 million.

What are GD Culture Group's plans to comply with Nasdaq requirements?
GD Culture has been given until May 4 to file a compliance plan, with a view to improving its situation within 180 days and continuing to trade under the ticker GDC.

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