TLDR GD Culture Group’s board approved selling part of its 7,500 BTC reserve to fund a $100 million stock buyback program. The company holds BTC currently worthTLDR GD Culture Group’s board approved selling part of its 7,500 BTC reserve to fund a $100 million stock buyback program. The company holds BTC currently worth

GD Culture (GDC) Stock: Board Approves Bitcoin Sale to Fund $100M Buyback

2026/02/26 01:20
3 min read

TLDR

  • GD Culture Group’s board approved selling part of its 7,500 BTC reserve to fund a $100 million stock buyback program.
  • The company holds BTC currently worth ~$497 million but is sitting on an unrealized loss of $344 million.
  • GD Culture acquired its Bitcoin through the December 2025 acquisition of Pallas Capital.
  • GDC stock is up 7% on Wednesday but remains down ~70% from its September 2025 peak.
  • Management has full discretion on timing and volume — no set amount must be sold and the plan can be halted at any time.

GD Culture Group (GDC) said Wednesday its board has approved the potential sale of part of its 7,500 Bitcoin reserve to help fund a share repurchase program.

The $100 million buyback was announced on February 18. The Bitcoin sales are intended to cover repurchase costs, including brokerage fees and taxes.

Management has been given discretion to carry out the sales across multiple transactions. No specific volume or timeline has been set.


GDC Stock Card
GD Culture Group Limited, GDC

The company can modify or halt the plan at any point. There is no obligation to sell any fixed amount of Bitcoin.

GD Culture got its Bitcoin through a share exchange deal in December 2025, when it acquired 100% of Pallas Capital’s outstanding assets — including the 7,500 BTC — through the issuance of 39.18 million new stock units.

The acquisition was pitched as a move to build out a long-term crypto treasury strategy. It hasn’t played out that way so far.

Sitting on a Deep Loss

GD Culture’s total Bitcoin acquisition cost came in at $841.5 million. At current prices near $67,000 per coin, the holdings are worth roughly $497 million.

That puts the company’s unrealized loss at approximately $344 million — a drop of nearly 41% from what it paid.

GDC ranks as the 15th largest public holder of Bitcoin among listed companies, according to available data.

Stock Down Sharply From Peak

GDC stock is up about 7% on Wednesday, catching a lift from Bitcoin’s modest bounce back above $67,000.

Despite that move, the stock is still down nearly 70% from its September 2025 peak — tracking Bitcoin’s sharp slide from its record high above $126,000.

GD Culture is not alone in rethinking its Bitcoin position. Earlier this week, Bitdeer sold its entire BTC holdings to redirect capital toward AI data centers.

Riot Platforms also reduced its BTC balance late last year.

GD Culture operates through two subsidiaries — AI Catalysis Corp. in the US and Shanghai Xianzhui Technology Co., Ltd. in China. The Nevada-based company rebranded from Code Chain New Continent Limited in January 2023.

The company focuses on AI-driven digital human technology and livestreaming e-commerce.

GDC is listed on the Nasdaq. Its Bitcoin reserve, valued at roughly $497 million, makes it the 15th largest public Bitcoin holder among listed companies.

The post GD Culture (GDC) Stock: Board Approves Bitcoin Sale to Fund $100M Buyback appeared first on CoinCentral.

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