GDC Board Gives Company Greenlight to Sell BTC for Share Buyback
Summary
The board of directors for GD Culture Group (GDC), a digital marketing and AI holding company, has authorized the sale of Bitcoin (BTC) from its corporate treasury to finance a share buyback program. This move reverses a May 2025 decision to build a cryptocurrency reserve including BTC and Official Trump Coin (TRUMP). The authorization permits the sale of BTC in one or more transactions, though the company is not obligated to sell any specific amount. This announcement followed GDC's February announcement of a stock buyback program of up to $100 million. GDC's stock rose over 24% following the news. GDC acquired 7,500 BTC in September 2025 for $875 million when BTC prices were high, resulting in an approximate 41% loss on its BTC investment amidst the recent market downturn. Despite this, GDC remains the 15th largest BTC treasury company, with its 7,500 BTC holdings valued significantly higher than the company's current market capitalization.
(Source:Cointelegraph)