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Bitcoin treasury company POP Culture plans to raise 6 million USD through a stock placement.
According to ChainCatcher news, market sources report that Bitcoin treasury company POP Culture plans 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. This equity fundraising is expected to be completed around September 29, 2025, subject to customary closing conditions. The company previously purchased 300 Bitcoins and plans to expand its Bitcoin treasury to 1,000 Bitcoins.