GD Culture Highlights Shareholder Value of Pallas Capital Acquisition: 7,500 Bitcoin Equals Approximately $22.37 of BTC Per Share
GD Culture Group Limited (GDC)
Company Research
Source: GlobeNewswire
NEW YORK, Sept. 17, 2025 (GLOBE NEWSWIRE) -- GD Culture Group Limited (“GDC” or the “Company”) (Nasdaq: GDC), today issued an updated news release regarding the shareholder value created by its recently announced acquisition of Pallas Capital Holding Ltd. (“Pallas Capital”). As disclosed on September 16, 2025, GDC entered into a definitive share exchange agreement to acquire 100% of Pallas Capital’s issued and outstanding ordinary shares in exchange for 39,189,344 newly issued shares of GDC common stock. Through this transaction, 7,500 Bitcoin will be transferred to GDC and held as a long-term digital asset reserve upon closing. Based on the current Bitcoin price of approximately $116,900, the acquired Bitcoin represents an aggregate value of about $876.8 million. This equates to an implied value of approximately 22.37 per share of the Company’s common stock issued for this asset acquisition. Mr. Xiaojian Wang, Chairman and Chief Executive Officer of GDC, commented: “By completin
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Sec Filings
- 12/4/25 - Form PRE
- 11/3/25 - Form 10-Q
- 10/29/25 - Form 8-K
- GDC's page on the SEC website