GD Culture Group (Nasdaq: GDC) to Acquire 7,500 BTC in Share-Exchange Deal for Pallas Capital

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

COINOTAG News reported Sept. 16 that GD Culture Group Limited (Nasdaq: GDC) has executed a share exchange agreement with Pallas Capital Holding Ltd. to acquire all issued and outstanding ordinary shares of Pallas Capital, a company registered in the British Virgin Islands, according to a GlobeNewswire filing.

Per the filing, upon completion GD Culture Group will issue 39,189,344 common shares and acquire Pallas Capital’s assets, including 7,500 Bitcoins (BTC), which are to be transferred free of any debt or encumbrances. The disclosure outlines the principal transactional terms and the contemplated share consideration.

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