POP Culture Group Buys $33M in Bitcoin, Launches Web3 Entertainment Fund

Abdulafeez Olaitan
2 Min Read

POP Culture Group Co., Ltd. (NASDAQ: CPOP), a company rooted in Chinese pop culture, has announced a decisive shift toward blockchain and Web3. On September 10, 2025, the firm revealed it had purchased 300 BTC worth $33 million and would also establish a dedicated cryptocurrency investment fund. The move positions the company as one of the first in China’s entertainment sector to formally embrace digital assets as a foundation for growth.

The investment is part of a broader plan to merge traditional entertainment with blockchain innovation. POP Culture Group’s operations currently span live shows, artist management, short films, and digital content. By integrating crypto and Web3 tools into this ecosystem, the company aims to create what it describes as a “global Web3 pan-entertainment super ecosystem”—a platform where creators, fans, and the company itself interact through tokenised assets and decentralised applications.

CEO Huang Zhuoqin emphasised that the shift is not just financial speculation but a strategic transformation. “Entertainment will transform from disposable emotional experiences into sustainably appreciating digital assets,” he explained, highlighting how blockchain could redefine value in the industry. The new fund is expected to invest not only in Bitcoin and other cryptocurrencies but also in Web3 ventures and high-growth blockchain projects that complement the company’s entertainment vision.

This pivot comes amid a period of strong financial performance. With a market capitalisation of $110.79 million, POP Culture Group has seen its stock soar 150.74% in the past six months, while annual revenue jumped 108.29% year over year. Analysts suggest that embracing Web3 could both strengthen its growth trajectory and inspire similar moves among other entertainment firms looking to capture the attention of digital-native audiences.

By purchasing Bitcoin and launching a crypto fund, POP Culture Group is signalling that entertainment’s future may be inseparable from digital assets—a model that could reshape how creative industries engage their audiences and monetise content.

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Abdulafeez Olaitan is a communication specialist with quality experience in digital media as a writer, journalist and editor. He has been nominated for the Rhysling Award, Pushcart Prize and Best of the Net Award. Contact: Abdulafeez.Olaitan [at] news.ng