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GD Culture Approves Sale of 7,500 Bitcoin to Fund Share Buyback

GD Culture Approves Sale of 7,500 Bitcoin to Fund Share Buyback

GD Culture Group plans flexible BTC sales amid $344 million unrealized loss to support its $100 million share repurchase program and counter falling stock value.

BTC

Fact Check
Multiple authoritative and mutually consistent primary sources confirm that GD Culture's board approved the sale of 7,500 Bitcoin to fund a share buyback program. The official press release distributed via GlobeNewswire outlines board authorization for the Bitcoin sale and share repurchase, serving as the primary record of the event. The SEC Form 8-K filing provides corporate documentation corroborating this authorization, which adds regulatory weight and authenticity to the claim. Secondary outlets, including StockTitan and Finviz, reproduce and summarize the same information, showing broad coverage without contradiction. There are no sources disputing or providing alternative interpretations of the event, and all relevant evidence directly supports the statement. Therefore, given the strength, credibility, and coherence of the primary and secondary confirmations, the statement is very likely true.
Summary

According to GD Culture Group Limited’s official announcement, the board authorized selling part of its 7,500 Bitcoin reserve, currently worth about $497 million, to finance a $100 million stock buyback program. The company, carrying an unrealized loss of $344 million from its BTC holdings, obtained the stash through acquiring Pallas Capital Holding, funded via issuance of 39.18 million shares. The board granted flexibility to adjust, pause, or halt the BTC sales at any time. GDC shares rose 7% on Wednesday, but remain down nearly 70% from their September 2025 peak. Other crypto firms, such as Bitdeer and Riot Platforms, have also sold BTC recently.

Terms & Concepts
  • Bitcoin reserves: Company-held Bitcoin maintained on the balance sheet for strategic or financing purposes.
  • Share buyback: A corporate action in which a company repurchases its own shares from the market to reduce share count or return capital.
  • Common stock: Ordinary shares representing equity ownership and voting rights in a company.