POP Culture Plans $6M Share Sale for Bitcoin Expansion

POP Culture Group announced intentions to sell 5 million Class A shares at Nasdaq to raise $6 million, aiming to expand its Bitcoin treasury from 300 to 1,000 BTC by 2025. This fundraising strategy aims to boost the company’s crypto holdings, aligning with its goal to create a global Web3 entertainment ecosystem, while impacting market sentiment for digital currencies.