A Co-Radar company classified in Nasdaq would have collected hundreds of millions of dollars to acquire cryptographic assets, including the Trump (Trump) official, the president’s own token.
According to a new Wall Street Journal report, GD Culture Group – an artificial intelligence software company based in New York (AI) with a market value of around $ 26 million – has lifted $ 300 million to buy digital assets such as Bitcoin (BTC) and Trump.
The report indicates that the main investor of the company is based on the British Virgin Islands, but no specific entity or person has been appointed.
The agreement seems to be structured as a capital line of equity, which means that the investor will buy $ 300 million from the company’s shares over time at a reduced price, then sell the stocks on the free market.
The news of fundraising increased the share of GD Culture Group (GDC), passing it from a hollow of $ 2.14 on May 13 to a peak of $ 2.31 on 14. GDC has since traced and is negotiated at $ 2.18 at the time of the editorial staff, an increase of 1.94% in the last 24 hours.
GDC, which, according to the report, uses AI -based algorithms to create digital human avatars to sell products on the application of Tiktok social media, joins other companies, such as the strategy, in the creation of a treasure of cryptographic assets.
BTC is traded at $ 103,402 when writing the editorial’s time, a fractional decrease in the day, while Trump is estimated at $ 13.16, an increase of 2.4% in the last 24 hours.
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