Overview
- The board approval supports a repurchase plan announced on February 18, with proceeds designated for buybacks plus brokerage fees and taxes.
- The company set no required sale amount or timetable, and it may modify or halt transactions at any time.
- GD Culture’s Bitcoin holdings are valued at about $497 million, reflecting an unrealized loss of roughly $344 million versus an $841.5 million acquisition cost.
- The 7,500 BTC was obtained in December 2025 through a Pallas Capital asset deal financed by issuing approximately 39.18 million shares.
- GDC shares rose about 7% on Wednesday yet remain down nearly 70% from their September 2025 peak, as peers such as Bitdeer and Riot have also reduced Bitcoin exposure.