The post Nasdaq-listed GD Culture authorized to sell part of 7,500 Bitcoin reserve for stock buyback appeared on BitcoinEthereumNews.com. GD Culture Group LimitedThe post Nasdaq-listed GD Culture authorized to sell part of 7,500 Bitcoin reserve for stock buyback appeared on BitcoinEthereumNews.com. GD Culture Group Limited

Nasdaq-listed GD Culture authorized to sell part of 7,500 Bitcoin reserve for stock buyback

GD Culture Group Limited, a Nasdaq-listed firm specializing in AI-driven digital human technology and livestreaming e-commerce, said Wednesday its board approved the potential sale or disposal of part of its 7,500 Bitcoin holdings to fund share repurchases.

The disposition would support a $100 million buyback initiative disclosed on February 18. Proceeds will cover stock repurchases as well as related costs, including brokerage fees and taxes.

GD Culture’s Bitcoin stash comes from a share exchange acquisition in December 2025 when the company inked a deal to acquire Pallas Capital’s assets, including 7,500 BTC. The transaction was expected to support the firm’s long-term crypto treasury strategy and expansion into digital asset reserves.

The authorization grants management discretion to execute sales across multiple transactions based on corporate interests. No specific volume or timeline has been set, and the program can be modified or halted at any point.

The decision represents a strategic pivot for the Nevada-based company, which operates through subsidiaries AI Catalysis Corp. in the US and Shanghai Xianzhui Technology Co., Ltd. in China. The firm rebranded from Code Chain New Continent Limited in January 2023.

GD Culture’s Bitcoin reserve, valued at approximately $497 million at current market prices, ranks the company as the 15th largest public holder of Bitcoin among listed companies.

Source: https://cryptobriefing.com/bitcoin-reserve-sale-gd-culture/

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