GD Culture Announces Board Authorization of Bitcoin Sales to Fund Share Repurchase Program
GD Culture Group Limited (GDC)
Company Research
Source: GlobeNewswire
NEW YORK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC) today announced that its board of directors (the “Board”) has authorized the sale, exchange, or other disposition of Bitcoin from the 7,500 Bitcoin reserve that the Company holds (the “Bitcoin Sales”) to fund its previously announced share repurchase program disclosed on February 18, 2026 (the “Share Repurchase Program”). The Board’s authorization permits the Company to execute the Bitcoin Sales in one or more transactions, from time to time, as management determines to be in the best interests of the Company and its shareholders. Proceeds from the Bitcoin Sales are expected to be used to fund repurchases of the Company’s common stocks pursuant to the Share Repurchase Program, as well as to cover related expenses, including brokerage commissions, fees, and applicable taxes. The Company is under no obligation to complete any particular amount of Bitcoin Sales, and the program
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News
- GD Culture Announces up to US$100 Million Share Repurchase ProgramGlobeNewswire
- Bitcoin Pullback Exposes MicroStrategy to Around $1 Billion in Paper Losses [Yahoo! Finance]Yahoo! Finance
- GD Culture Group (NASDAQ:GDC) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
GDC
Sec Filings
- 2/18/26 - Form 8-K
- 1/29/26 - Form 8-K
- 1/26/26 - Form S-3
- GDC's page on the SEC website