GD Culture Group (GDC) has cleared the way to tap its bitcoin reserve to bankroll a previously announced stock buyback, the company confirmed. The board has authorized management to sell some portion of its 7,500 BTC holdings to help fund a $100 million repurchase program approved earlier this month — but left the timing, size and method of any sales entirely to management’s discretion. The company stressed it’s not committed to selling any specific amount and can pause or change the plan at any time.
The move comes as GD Culture’s stock has slumped alongside a broader slide in bitcoin. CoinGecko values the firm’s BTC stash at roughly $497 million today, leaving GD Culture with an unrealized loss of about $344 million — nearly 41% below its total acquisition cost of $841.5 million. That hoard originated from GDC’s acquisition of Pallas Capital Holding, a deal financed by issuing 39.18 million shares.
GD Culture’s announcement aligns with a recent trend among crypto-native public companies shifting their treasury strategies. This week Bitdeer sold its entire BTC position to pivot into AI data centers, and Riot Platforms pared back its bitcoin balance late last year.
Market reaction to GDC’s disclosure was positive: shares jumped about 7% on Wednesday as bitcoin ticked back above $67,000. Still, GDC stock remains down roughly 70% from its September 2025 high.
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