#What is GD Culture Group’s latest financial strategy?
GD Culture Group Limited, a company listed on Nasdaq that focuses on AI-based digital human technologies and livestreaming e-commerce, recently unveiled its board's decision to possibly sell a portion of its Bitcoin holdings. This move aims to fund a substantial share repurchase plan.
The planned buyback initiative, amounting to $100 million, was first revealed on February 18. The proceeds from the Bitcoin sale will directly finance stock repurchases and cover associated expenses such as brokerage fees and taxes.
The company's Bitcoin holdings stem from a share exchange transaction completed in December 2025, when it acquired assets from Pallas Capital, including 7,500 BTC. This acquisition is integral to GD Culture's long-term cryptocurrency strategy and its goal to enhance its digital asset reserves.
Management now holds the authority to execute sales of Bitcoin as deemed fitting, although no specific volume or timetable is established for these transactions. Importantly, this strategy can be adjusted or halted as necessary.
This decision marks a significant strategic shift for the Nevada-based firm, which operates through subsidiaries such as AI Catalysis Corp in the U.S. and Shanghai Xianzhui Technology Co., Ltd. in China. In January 2023, the company rebranded from its former title, Code Chain New Continent Limited.
GD Culture's Bitcoin reserve, currently valued at around $497 million, situates it as the 15th largest public holder of Bitcoin among publicly listed companies. As the landscape of cryptocurrency evolves, GD Culture's actions reflect its commitment to adapting and leveraging its assets effectively in the market.