In a bold and unexpected move, GD Culture Group (GDC)—a Nasdaq-listed firm with ties to China—has announced a planned $300 million investment in Bitcoin and the increasingly popular TRUMP token. The news sent shockwaves through the meme coin market, reigniting bullish momentum just days before Donald Trump’s highly anticipated crypto dinner.
This sudden show of confidence by GDC has already ignited a 6% rally in the TRUMP token’s price, signaling renewed investor interest after a recent price correction. As Trump steps further into the crypto spotlight, the timing of this announcement has only fueled more excitement around his potential influence on digital assets.
GDC’s Crypto Strategy: $300M War Chest
According to an official SEC filing, GDC will fund its crypto investment through a stock purchase agreement with an unnamed investor based in the British Virgin Islands. This investor has committed to providing up to $300 million, which GDC intends to allocate toward purchasing Bitcoin and the OFFICIAL TRUMP token. The company also noted that a portion of the funds may be used for general corporate operations.
This strategic move is more than just a headline grab. It signals GDC’s intention to establish a substantial foothold in the digital assets market and possibly ride the wave of politically driven memecoins. “We believe this investment reflects confidence in decentralized finance and the transformative potential of blockchain assets,” the company said in a statement.
TRUMP Token Rebounds Strongly
Just 24 hours prior to this announcement, the TRUMP token was showing signs of fatigue, dropping nearly 6% and hitting a low of $12.22. However, the GDC announcement sparked an instant recovery, with the token now trading at approximately $13.55—a 6.11% increase on the day.
Despite recent volatility, the TRUMP token has been one of the standout performers over the past month. It’s up more than 61% over the last 30 days and over 23% in just the past week. Although it has struggled to break past the $15 mark, the token has maintained a steady range between $13 and $14, suggesting a consolidating base ahead of potential further upside.
Crypto Dinner with Trump: A Growing Catalyst
Adding fuel to the fire is the upcoming crypto-themed dinner hosted by Donald Trump himself. Scheduled for May 22, the private event will welcome the top 220 holders of the TRUMP token—creating what many are calling the most politically charged crypto event of the year.
Speculation is rampant that the dinner could serve as a springboard for more pro-crypto commentary from the former president. With his campaign increasingly warming up to digital assets, some investors see this dinner as a symbolic moment that could shift public sentiment—and possibly regulatory conversations—around crypto.
Market Sentiment Shifts in Real Time
GDC’s announcement may also mark a shift in how institutional players view meme tokens. While traditionally regarded as volatile and unserious, the TRUMP token appears to be transcending its novelty roots. Backed by a recognizable political brand and now supported by substantial capital, it’s evolving into a unique asset at the intersection of politics, finance, and technology.
As GDC formalizes its $300 million investment strategy and Trump prepares to host crypto loyalists, the TRUMP token finds itself in a moment of high anticipation. Whether this momentum translates into a sustainable rally remains to be seen, but for now, the fusion of political theater and crypto speculation is proving to be an irresistible draw for both retail traders and big-money players alike.
