Key Takeaways
- The board of GD Culture Group has greenlit the liquidation of portions from its 7,500 BTC holdings to finance a $100 million share repurchase initiative.
- The firm’s Bitcoin position is currently valued at approximately $497 million while carrying an unrealized deficit of $344 million.
- GD Culture obtained its cryptocurrency assets via the acquisition of Pallas Capital completed in December 2025.
- Shares of GDC climbed 7% on Wednesday, though they’re still approximately 70% below their September 2025 high.
- Executives retain complete flexibility regarding execution timing and transaction size — no mandatory sale volume exists and the initiative may be suspended anytime.
GD Culture Group (GDC) announced Wednesday that its board of directors has authorized the possible liquidation of a portion of its 7,500 Bitcoin treasury to facilitate funding for its share buyback initiative.
The $100 million repurchase program was initially unveiled on February 18. Revenue generated from Bitcoin liquidations will be allocated toward covering buyback expenses, including transaction fees and tax obligations.
Company leadership has received authorization to execute the sales through a series of separate transactions. Neither a specific volume target nor a fixed timeline has been established.
The corporation maintains the flexibility to adjust or terminate the initiative at its discretion. No requirement exists mandating the sale of any predetermined Bitcoin quantity.
GD Culture obtained its cryptocurrency holdings through a stock exchange transaction in December 2025, acquiring 100% of Pallas Capital’s outstanding holdings — which included the entire 7,500 BTC position — by issuing 39.18 million new equity units.
The transaction was presented as a strategic initiative to establish a sustained cryptocurrency treasury approach. Results thus far haven’t aligned with that vision.
Substantial Unrealized Deficit
GD Culture’s aggregate Bitcoin purchase price totaled $841.5 million. With current market prices hovering around $67,000 per token, the portfolio carries an approximate value of $497 million.
This positions the company’s unrealized deficit at roughly $344 million — representing a decline of almost 41% from its original investment basis.
GDC holds the distinction of being the 15th largest corporate Bitcoin holder among publicly traded entities, based on current tracking data.
Shares Remain Far Below Historical Peak
GDC shares advanced approximately 7% during Wednesday’s trading session, benefiting from Bitcoin’s slight recovery above the $67,000 threshold.
Notwithstanding this uptick, the stock continues trading nearly 70% below its September 2025 peak — mirroring Bitcoin’s dramatic descent from its all-time high exceeding $126,000.
GD Culture isn’t the only corporation reassessing its cryptocurrency positioning. Earlier during the week, Bitdeer liquidated its complete BTC portfolio to reallocate resources toward artificial intelligence data center infrastructure.
Riot Platforms similarly decreased its BTC holdings during the latter portion of last year.
GD Culture conducts operations through two subsidiary entities — AI Catalysis Corp. based in the United States and Shanghai Xianzhui Technology Co., Ltd. situated in China. The Nevada-incorporated entity underwent a rebrand from Code Chain New Continent Limited during January 2023.
The organization specializes in artificial intelligence-powered digital avatar technology and livestream commerce platforms.
GDC trades on the Nasdaq exchange. Its cryptocurrency reserve, currently valued at approximately $497 million, positions it as the 15th largest public Bitcoin holder among exchange-listed corporations.
