Key Highlights
- GD Culture Group announced that it will sell portions of its 7,500 BTC reserve to fund a $100 million share repurchases program
- After the first acquisition, GDC acquired the 7,500 Bitcoin, valued at approximately $500 million, through a share exchange purchase of Pallas Capital’s assets
- On February 25, Bitcoin witnessed a hike of 5.87%, soaring to $67,559
On February 25, GD Culture Group Limited, listed on Nasdaq as GDC, announced that its board of directors had authorized the sale, exchange, or other disposal of its 7,500 Bitcoin reserve to fund its ongoing share repurchase program.
GD Culture Group Plans to Sell Bitcoin for Share Buybacks
This announcement comes after the company’s February 18 disclosure, where the board approved a share repurchase initiative allowing the buyback of up to $100 million worth of common stock over the next 6 months, through August 17, 2026.
The Bitcoin sales will help the company to provide a funding mechanism, which allows management to liquidate holdings strategically in one or multiple transactions based on market conditions and shareholder interests.
This announcement comes when Bitcoin is showing some upward momentum after a catastrophic downfall in the last week. At the time of writing, BTC has witnessed a 5.87% hike, soaring to $67,559, according to CoinMarketCap.
GD Culture’s BTC treasury was started from a December 2025 share exchange acquisition of Pallas Capital’s assets, which included 7,500 BTC. This makes the GDC one of the leading public BTC holding companies.
This reserve is valued at approximately $500 million based on market price. This holding places it 15th in the leaderboard of listed corporate treasuries. The company has increased its focus on a long-term digital asset strategy alongside its main operations in digital marketing and AI.
According to the official press release, the company stated that the proceeds generated from BTC deposition will mainly support stock repurchases while also covering ancillary costs. This includes brokerage commissions, fees, and taxes.
“Proceeds from the Bitcoin Sales are expected to be used to fund repurchases of the Company’s common stocks pursuant to the Share Repurchase Program, as well as to cover related expenses, including brokerage commissions, fees, and applicable taxes,” stated in the press release.
Amid the downward trend in the crypto market, there is a discussion in the community that some companies might sell holdings to fund share repurchases.
However, major BTC treasury companies, such as Strategy and Metaplanet, have focused on continued accumulation rather than liquidation. Strategy has recently acquired 592 BTC for $39.8 million with its 100th purchase announcement despite an unrealized loss of $7 billion.
Similarly, Metaplanet has announced that it will raise equity and loans to increase its holdings, reaching over 35,000 BTC by early 2026. It has discussed share buybacks, but these appear to be funded through other means, like shares or operations, not Bitcoin sales.
Also Read: Galaxy Digital Reportedly Moves 280 Bitcoin Worth $18.43M to Binance
