GD Culture Group (GDC), a Nasdaq-listed holding company, aims to raise up to $300 million for a cryptocurrency treasury reserve, focusing on purchases of Bitcoin and the TRUMP memecoin. GDC, alongside its subsidiary AI Catalysis Corp., announced a stock purchase agreement to fund this initiative, which aligns with their strategy to integrate cryptocurrency assets into its operations. This move reflects GDC's response to current industry trends in digital technologies and e-commerce. GDC currently faces scrutiny from Nasdaq over its low stockholders' equity, having reported just $2,643 against a $2.5 million minimum requirement. In addition, the announcement coincides with an exclusive dinner event for major TRUMP token holders at the White House, scheduled for May 22, prompting discussions about the implications of political affiliations in cryptocurrency. Senator Cynthia Lummis has criticized the notion of exclusive access tied to memecoins, potentially leading to increased regulatory attention from the SEC.

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