Bitcoin Treasury Company POP Culture Plans to Raise $6 Million in a Rights Issue

According to Odaily Planet Daily, Nasdaq-listed Bitcoin treasury company POP Culture announced plans to sell 5,000,000 Class A common shares at $1.20 per share, raising an estimated $6 million. The rights offering is expected to close on or about 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. (PR Newswire)