Bitcoin treasury company POP Culture plans to raise $6 million through a stock offering
ChainCatcher news, according to PR Newswire, Bitcoin Treasury Company POP Culture announced its plan to sell 5,000,000 shares of Class A common stock at a price of $1.20 per share, with an expected fundraising amount of $6 million. The fundraising from this offering is expected to be completed around September 29, 2025, subject to customary closing conditions.
The company had previously purchased 300 bitcoins and plans to expand its bitcoin treasury to 1,000 bitcoins.
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