PANews reported on September 27 that according to PRNewswire, Nasdaq-listed Bitcoin treasury company POP Culture announced that it plans to sell 5,000,000 Class A common shares at a price of US$1.20 per share, with an estimated fundraising amount of US$6 million. It is expected that the rights issue fundraising will be completed around September 29, 2025, subject to customary closing conditions. The company has previously purchased 300 bitcoins and plans to expand the size of its Bitcoin treasury to 1,000.PANews reported on September 27 that according to PRNewswire, Nasdaq-listed Bitcoin treasury company POP Culture announced that it plans to sell 5,000,000 Class A common shares at a price of US$1.20 per share, with an estimated fundraising amount of US$6 million. It is expected that the rights issue fundraising will be completed around September 29, 2025, subject to customary closing conditions. The company has previously purchased 300 bitcoins and plans to expand the size of its Bitcoin treasury to 1,000.
Bitcoin Treasury Company POP Culture Plans to Raise $6 Million in a Rights Issue
2025/09/27 21:01
PANews reported on September 27 that according to PRNewswire, Nasdaq-listed Bitcoin treasury company POP Culture announced that it plans to sell 5,000,000 Class A common shares at a price of US$1.20 per share, with an estimated fundraising amount of US$6 million. It is expected that the rights issue fundraising will be completed around September 29, 2025, subject to customary closing conditions. The company has previously purchased 300 bitcoins and plans to expand the size of its Bitcoin treasury to 1,000.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
Dogecoin on Verge of Golden Cross, What to Watch Now
Dogecoin (DOGE) price might exit bear trap if this golden cross emerges
Share
Coinstats2025/09/27 21:32
Share
China EV brands target overseas markets as domestic price wars crush startups, profits
China’s electric vehicle makers are dumping cars overseas while their home turf turns into a financial bloodbath. Ji Yue, once hyped as the next big EV name, collapsed within six months and left people like Li Hongxing with millions in debt. Li, who runs an ad agency, said he borrowed money to cover campaign costs […]
Share
Cryptopolitan2025/09/27 20:15
Share
The mysterious whale closed its $2.4 million XPL short position half an hour ago and made a profit of $102,000, and then added some XPL positions again.
PANews reported on September 27 that according to monitoring by on-chain analyst Aunt Ai, a mysterious whale closed its short position in XPL worth $2.4 million half an hour ago and made a profit of $102,000. It then increased its position in XPL again. Currently, the account has bought a total of 24.29 million XPL (about $26.22 million), with a floating profit of $3.26 million. The Perp account still has $7.23 million in available funds.
Share
PANews2025/09/27 22:25
Share