On Wednesday, the board of directors at GD Culture Group GDC (a publically listed holding focused on AI and digital marketing) authorized that company to begin selling Bitcoin.BTCThe company will use the money (from its corporate treasurer) to finance a share-buyback program.
It appears that the move reverses a decision made in May 2025 decision To build a cryptocurrency reserves of Bitcoin and Official Trump Coins (TRUMP).
The company can now sell its products after Wednesday’s approval. BTC from its treasury You can also find out more about the following: “one or more transactions,” According to GDC, the company does not have to sell any BTC. announcement
The company has announced that it will be launching its new website in February. announced Stock Buyback Program of Up to $100 Million of Shares for six-month period.
GDC shares rose by more than 24 percent to close Wednesday at $4.13 per share. according Yahoo Finance is a great place to start.
This announcement was made amid a wide range of news coverage. crypto market downturnBTC prices fell by as much as low as $60,000More than 50% of its all-time high The market crash has affected Bitcoin Treasury Companies negatively.
Related: FG Nexus sells another $14M in Ether as losses mount on treasury bet
GDC climbs up the Treasury ranks within a few months but was already near the top of the market
GDC bought 7,500 BTC via an $875 million acquisition Pallas Capital Holding will be Pallas Capital Holding by September 2025. BTC is trading at between $109,000 and $117,000. The deal caused a 28% drop in the shares of the company.
GDC ranks 15th in the world for Bitcoin holdings according to data collected by BitcoinTreasuriesThe BTC invested is now down by 41%.
This company has an mNAV of 0.42. critical metric for Bitcoin treasury companies. This is calculated by multiplying market capitalization by dollar value.
The company’s 7500 BTC Treasury is worth about $517.5 Million using the current market value. This is about double GDC’s $236.7M market capitalization, after today’s surge in the stock price.
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Source: cointelegraph.com
