POP Culture Group Co., Ltd. ("Company") (NASDAQ:CPOP) today announced the completion of a major strategic investment in the cryptocurrency Bitcoin (BTC), totaling $33 million and representing 300 BTC.
Furthering its commitment to digital innovation, POP Culture Group Co., Ltd. is establishing a diversified cryptocurrency fund pool focused on stable and transparent assets including BTC, ETH, and BOT. The fund aims to invest in:
- Promising cryptocurrencies in the Web3 pan-entertainment track;
- Projects with high investment value and growth potential;
- High-quality equity projects aligned with the Company's strategy and business; and
- High-quality artist incubation or artist management projects.
Huang Zhuoqin, CEO of POP Culture Group Co., Ltd., commented: "Our strategic cryptocurrency investment marks the beginning of a vision to build not only a pan-entertainment platform, but a global Web3 pan-entertainment super ecosystem. Spanning live entertainment, digital entertainment, short films, and artist management, we aim to create a symbiotic network deeply connecting creators, users, and the platform itself. Entertainment will transform from disposable emotional experiences into sustainably appreciating digital assets."
This initiative underscores the Company's position at the forefront of integrating digital assets and entertainment, fostering long-term value for stakeholders worldwide.
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