TLDR
- The board of GD Culture Group has greenlit the sale of a portion of its 7,500 Bitcoin reserve to finance a $100 million stock repurchase initiative.
- The firm’s Bitcoin holdings are currently valued at approximately $497 million, yet it carries an unrealized loss of $344 million.
- GD Culture obtained its Bitcoin via the December 2025 purchase of Pallas Capital.
- GDC’s stock rose 7% on Wednesday but remains around 70% below its September 2025 peak.
- Company management has complete control over when and how much to sell; there’s no mandatory amount to offload, and the plan can be stopped at any point.
On Wednesday, GD Culture Group (GDC) announced that its board has authorized the possible sale of a segment of its 7,500 Bitcoin reserve to support a share repurchase program.
JUST IN: Nasdaq-listed GD Culture Group has announced that its board of directors has authorized the sale, exchange, or other disposition of [missing text] from its entire 7,500 BTC holdings to fund the company’s share repurchase program.
— BitcoinTreasuries.NET (@BTCtreasuries)
The $100 million buyback was made public on February 18. Proceeds from Bitcoin sales will be used to cover repurchase expenses such as brokerage fees and taxes.
Management has been granted the flexibility to conduct sales through multiple transactions. No fixed volume or schedule has been established.
The company reserves the right to adjust or terminate the plan at any time. It is not required to sell a specific quantity of Bitcoin.
GD Culture acquired its Bitcoin via a share exchange agreement in December 2025, when it purchased all of Pallas Capital’s outstanding assets — including the 7,500 BTC — by issuing 39.18 million new stock units.
The acquisition was positioned as a step to develop a long-term cryptocurrency treasury strategy, though it hasn’t unfolded as intended up to now.
Sitting on a Deep Loss
GD Culture’s total cost for the acquisition was $841.5 million. Based on current prices of around $67,000 per Bitcoin, the holdings are valued at approximately $497 million.
This results in an unrealized loss of about $344 million for the company, representing a decline of almost 41% from its original investment.
According to available data, GDC is the 15th largest public holder of Bitcoin among listed firms.
Stock Down Sharply From Peak
GDC’s stock climbed roughly 7% on Wednesday, buoyed by Bitcoin’s slight recovery above the $67,000 mark.
Even with this gain, the stock remains nearly 70% below its September 2025 peak, mirroring Bitcoin’s steep drop from its all-time high of over $126,000.
GD Culture isn’t the only company reevaluating its Bitcoin holdings. Earlier this week, Bitdeer sold all of its BTC to shift capital toward AI data centers.
[Unnamed entity] also reduced its BTC holdings late last year.
GD Culture operates via two subsidiaries: AI Catalysis Corp. in the United States and Shanghai Xianzhui Technology Co., Ltd. in China. The Nevada-based firm rebranded from Code Chain New Continent Limited in January 2023.
The company specializes in AI-powered digital human technology and live-streaming e-commerce.
GDC is traded on the Nasdaq. With its Bitcoin reserve valued at around $497 million, it ranks as the 15th largest public Bitcoin holder among listed companies.
