Pop culture stocks surge driven by $33 million Bitcoin investment and Web3
Source: CoinWorld
Time: 2025-09-11 17:02:45
Pop Culture Group Co., Ltd. (CPOP) shares fell 2.47% in after-hours trading, partially giving up a 12.50% gain in regular trading session Wednesday when the stock hit a high of $2.13. Previously, the company spent $33 million to buy Bitcoin to build a diversified pool of cryptocurrency funds focused on Web3 pan-entertainment projects. CEO Huang Zhuoqin said the investment opened their vision to build a global Web3 super ecosystem. The stock has soared 179% over the past six months.