POP Culture Group Invests $33 Million in Bitcoin for Web3 Expansion

Chinese pop culture company POP Culture Group Co., Ltd. (NASDAQ: CPOP) recently announced a major shift towards the world of digital assets, investing $33 million to acquire 300 BTC and establishing a cryptocurrency fund. This move will enable the company to transition into a Web3-focused entertainment platform that integrates digital assets with its existing business model in live events, artist management, and digital content creation.