GD Culture Sells BTC Holdings to Fund Share Repurchases Amid Declining Stock Price

GD Culture Group (GDC) is planning to divest part of its significant bitcoin holdings to support a previously announced stock repurchase initiative. This decision comes as the company's shares have plummeted by nearly two-thirds since reaching their peak in September 2025.

The company's large bitcoin stash was acquired through the purchase of Pallas Capital Holding, which was financed by issuing approximately 39.18 million shares. The acquisition cost totals $841.5 million, with GD Culture currently holding an unrealized loss of nearly $344 million on its bitcoin holdings, which have decreased in value to around $497 million.

The company's board has authorized the sale of part of its 7,500 bitcoin reserve to support a $100 million share buyback program. While not obligated to sell any specific amount, management retains flexibility to alter or halt the plan at any time.