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.
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.