The Chinese Link Technology Company wants to buy $ 300 million in a $ Trump coin

You have probably never heard of GD Culture Group so far, but the small technology company with connections with China managed to take titles – including the one – with promise Since buying $ 300 million worth Trump, Memcoin has mainly organizations linked to the current President of the United States. The New York Times reported that the fight firm issued submission of securities Announcing his intention to try to buy some service with Donald Trump.

To submissionThe GD Culture Group has provided $ 300,000,000 from an investor who will buy shares from the company’s shares. He plans to use the money from the sale to “invest in bitcoin and official Trump for common corporate purposes.” The company claims that participation in $ Trump will “improve its balance with highly efficient, scales of digital assets,” which seems to be quite doubtful, given that the coin existed for only a few months and has been wild During this time.

It should be noted that the GD Culture Group is not a company. According to The Timesand discovered that he is at risk of losing his list in NASDAQ after failing to meet the financial requirements.

Which brings us to Trump all this. There are two options here for what the GD Culture Group pulls and none of them speaks very well to the United States President, managing the influence on the Memcoin distribution operation.

Taking a GD cultural group by their word that they will buy $ Trump, this is a very clear attempt to bring in favor of the free world leader while the company is in a narrow place. He could probably use some tariff relief, given his e -commerce operation and relationships with China. Buying currently allows the company to sit directly with the president as the team behind $ Trump has set a promotion that will allow the holders of the best bags to I have a private dinner with the presidentS GD Culture Group is not the first company to explicitly test this-Nere-American cargo company announce a similar plan To enter the room with Trump by redeeming his harvest.

But considering how uncompany the language of the submission is, it is quite possible that it is just a media game for the company. The times Question The possibility of GD Culture Group actually follows its message or if there is even money for it. But just announcing that he would go into the $ Trump business was a little grace. The company’s shares jumped 12% immediately after the announcement.

So either this company is actually trying to buy influence by lining the president’s pockets, or the market will simply reward anyone who claims to be ready to go on this route. None of these options look so great.