Bitcoin treasury company POP Culture plans to raise $6 million through a share placement

Jinse Finance reported that the Nasdaq-listed bitcoin treasury company POP Culture announced its intention to sell 5,000,000 Class A common shares at a price of $1.20 per share, with an expected fundraising amount of $6 million. The offering is expected to be completed around September 29, 2025, subject to customary closing conditions. The company has previously purchased 300 bitcoins and plans to expand its bitcoin treasury to 1,000 bitcoins.