The board of GD Culture Group (GDC), a publicly traded holding firm specializing in digital marketing and artificial intelligence, has given the green light for the company to liquidate Bitcoin ($BTC) from its corporate reserves to fund a share repurchase initiative.
This decision marks a significant shift from their earlier stance in May 2025, when they aimed to establish a cryptocurrency reserve consisting of Bitcoin and Official Trump Coin (TRUMP).
According to GDC’s announcement, this authorization permits the company to sell $BTC through “one or more transactions,” with no obligation on their part to offload any specific quantity of $BTC.
Earlier this year, GDC revealed plans for a stock buyback program that could reach up to $100 million over six months.
As reported by Yahoo Finance, shares of GDC saw an increase exceeding 24% by Wednesday’s market close, reaching $4.13 each.
The rise in GDC’s stock price followed the board’s announcement. Source: Yahoo Finance
This news arrives during a widespread downturn in the cryptocurrency market that has seen $BTC‘s value plummet as low as $60,000—over 50% below its peak above $126,000—adversely affecting companies holding Bitcoin treasuries.
GDC ascends treasury rankings swiftly but entered at near-peak prices
In September 2025, GDC acquired Pallas Capital Holding for $875 million and purchased 7,500 $BTC, at which time $BTC‘s trading range was between $109,000 and $117,000. Following this acquisition announcement, shares dropped approximately 28%.
Pursuant to data from BitcoinTreasuries.com., GDC currently ranks as the fifteenth largest holder among companies with Bitcoin treasuries but has experienced about a 41% decline on its investment in $BTC.
The ranking places GDC as fifteenth among companies based on their holdings of $ BTC . Source: BitcoinTreasuries
The company’s multiple on net asset value (mNAV) stands at 0.42; mNAV is an essential indicator for firms managing Bitcoin treasuries calculated by dividing the company’s market capitalization by its dollar valuation of held $ BTC .
Despite facing challenges due to market fluctuations ,the current valuationofG DC ’ s7 ,500$ BTC treasury amounts roughlyto$517.5millionbasedon themarketpriceatpublicationtime ;this figureismorethan doublethecompany ’ smarketcapofapproximately$236.7millionfollowingtoday ’ sstockincrease.