Summary
- POP Culture Group, a Nasdaq-listed company, said it invested $33 million to purchase 300 Bitcoin.
- POP Culture Group said it will continue to increase its crypto asset reserves, including Bitcoin and Ethereum.
- CEO Hwang Zhuo-chin said the Bitcoin purchase will help build a Web3 entertainment ecosystem.
POP Culture Group, listed on Nasdaq, bought 300 bitcoins (BTC).
On the 10th (local time), PR Newswire reported that POP Culture Group said in a press release, "We invested $33 million to acquire 300 BTC," and added, "We plan to continue increasing our crypto asset reserves, including Bitcoin and Ethereum (ETH)."
Hwang Zhuo-chin, Chief Executive Officer (CEO), said, "Through this Bitcoin purchase, we will build a Web3 entertainment ecosystem."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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