The committee of directors for GD Culture Group (GDC), a publically listed holding institution focused connected integer selling and AI, connected Wednesday authorized the institution to merchantability Bitcoin (BTC) from its firm treasury to wage for a stock buyback program.
The determination appears to beryllium a reversal of a May 2025 decision to physique a cryptocurrency reserve of Bitcoin and Official Trump Coin (TRUMP).
Wednesday’s authorization allows the institution to merchantability the BTC from its treasury successful “one oregon much transactions,” and the institution is not nether an work to merchantability immoderate magnitude of BTC, according to GDC’s announcement
In February, the institution announced a banal buyback programme of up to $100 cardinal of its shares for a play of six months.
Shares of GDC traded up much than 24% by Wednesday’s adjacent astatine $4.13 apiece, according to Yahoo Finance.
Shares of GDC roseate connected Wednesday, pursuing the announcement from the committee of directors. Source: Yahoo FinanceThe announcement came amid a wide crypto marketplace downturn, which dragged the terms of BTC down arsenic low arsenic $60,000, much than 50% from its all-time high supra $126,000; the marketplace rout has negatively impacted Bitcoin treasury companies.
Related: FG Nexus sells different $14M successful Ether arsenic losses equine connected treasury bet
GDC climbs the treasury ranks successful a substance of months, but entered adjacent the marketplace apical
GDC purchased 7,500 BTC done an $875 cardinal acquisition of Pallas Capital Holding successful September 2025, erstwhile BTC was trading betwixt $109,000 and $117,000. Shares of the institution plunged astir 28% successful effect to the deal.
GDC is the 15th largest BTC treasury institution by Bitcoin holdings, according to information from BitcoinTreasuries, but is down astir 41% connected its BTC investment.
GDC ranks arsenic the 15th-largest Bitcoin treasury institution by BTC holdings. Source: BitcoinTreasuriesThe institution has a aggregate connected nett plus worth (mNAV) of 0.42; mNAV is simply a critical metric for Bitcoin treasury companies, calculated by dividing the marketplace capitalization of the institution by the dollar worth of its BTC holdings.
Despite the marketplace drawdown, the company’s 7,500 BTC treasury is valued astatine astir $517.5 cardinal utilizing the marketplace terms astatine the clip of publication; this is much than treble GDC’s marketplace headdress of astir $236.7 million, pursuing today’s banal surge.
Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’
Cointelegraph is committed to independent, transparent journalism. This quality nonfiction is produced successful accordance with Cointelegraph’s Editorial Policy and aims to supply close and timely information. Readers are encouraged to verify accusation independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

1 month ago









English (US)