A technology company called GD Culture Group said on May 12 that it had struck a $300 million funding deal to help it amass a stockpile of cryptocurrencies, including bitcoin and the president’s memecoin, $TRUMP. The announcement sent shares of GD Culture, which is based in New York but operates in China, up by 14%. Three days later, Chinese garment maker Addentax Group said it was in discussions with unnamed crypto holders to buy up to $800 million of $TRUMP tokens and bitcoin.
Related Posts
Citigroup Sells Onshore Consumer Wealth Portfolio in China to HSBC Holdings
Citigroup has made the decision to sell its onshore consumer wealth portfolio in China to HSBC Holdings as…
PumpSwap Launched Revenue Sharing Aimed at Incentivizing Creators – Tekedia
PumpSwap, the decentralized exchange developed by Solana-based meme coin launchpad Pump.Fun, launched a revenue-sharing model on May 12,…
Tesla’s Stock Success in 2023
Tesla is experiencing a successful year, with its stock more than doubling in 2023. Despite recent media reports…
Bill Gross: Rethinking Investment Strategy
Introduction Bill Gross, the co-founder of Pacific Investment Management Co. and renowned “bond king,” has changed his stance…