GD Culture (GDC) Shares Surge As Board Approves Bitcoin Sale

"The board said proceeds from the sale would fund a previously announced $100 million share repurchase program disclosed on Feb. 18. The program is expected to be executed over the next six months, with management retaining flexibility to sell bitcoin in one or more transactions as market conditions dictate. The company emphasized it is under no obligation to sell a specific amount and can alter or suspend the plan at any time."

"The decision highlights a striking valuation gap: GD Culture's bitcoin alone exceeds its total equity value. Its market cap-to-net asset value ratio (mNAV) sits around 0.5, among the lowest for corporate bitcoin holders. The company's stock has lost about two-thirds of its value since last year, largely tracking bitcoin's decline from record highs above $126,000."

"Nevada-based GD Culture operates through subsidiaries AI Catalysis and Shanghai Xianzhui Technology Co., focusing on AI-driven digital human technology and live-streaming e-commerce. With 7,500 BTC on its balance sheet, the company ranks among the 15 largest corporate bitcoin treasuries."

GD Culture Group's board approved the sale of 7,500 bitcoin holdings valued at approximately $510 million to fund a $100 million share repurchase program over the next six months. The company retains flexibility to execute the sale in multiple transactions based on market conditions and can alter or suspend the plan. This decision reveals a significant valuation gap where GD Culture's bitcoin alone exceeds its $210 million market capitalization, with a market cap-to-net asset value ratio of 0.5, among the lowest for corporate bitcoin holders. The Nevada-based company, which operates AI-driven digital human technology and live-streaming e-commerce through subsidiaries, acquired its bitcoin following the 2025 purchase of Pallas Capital Holding and ranks among the 15 largest corporate bitcoin treasuries.

Read at Bitcoin Magazine