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Nasdaq-listed GD Culture plunges on $875M Bitcoin acquisition deal

Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Nasdaq-listed GD Culture plunges on $875M Bitcoin acquisition deal

Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

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