GDC BTC Sales Authorization: Conversion for Share Buyback
BTC/USDT
$30,482,073,707.86
$69,550.00 / $63,820.50
Change: $5,729.50 (8.98%)
+0.0004%
Longs pay
Contents
GDC's BTC Treasury and Sales Decision
GD Culture Group (GDC), a publicly traded holding company focused on digital marketing and artificial intelligence, has been authorized by its board of directors to sell Bitcoin (BTC) from the company treasury; these sales will be for the share repurchase program. The decision stands out as a reversal of the company's policy to build BTC and Official Trump Coin (TRUMP) reserves announced in May 2025. The authorization covers BTC sales in one or multiple transactions but is not mandatory.
The company acquired 7,500 BTC through the acquisition of Pallas Capital Holding for 875 million dollars in September 2025; BTC price was between 109,000-117,000 dollars at that time. According to BTC detailed analysis data, GDC ranks as the 15th largest company in terms of BTC holdings, but its investment has lost 41% of its value. The company's 100 million dollar six-month share repurchase program was announced in February.
Shares of GDC rose on Wednesday, following the announcement from the board of directors. Source: Yahoo Finance
GDC ranks as the 15th-largest Bitcoin treasury company by BTC holdings. Source: BitcoinTreasuries
BTC Market Technical Outlook
Current BTC price is at the 68.289,72 dollar level, up 6,50% in the last 24 hours. RSI at 43,62 is in the neutral zone, overall trend is downward. Supports: S1 68.063 dollars (strong, 0,62% down), S2 64.323 dollars. Resistances: R1 68.950 dollars (strong, 0,67% up), R2 74.487 dollars. The BTC futures PERP contract has recovered 8,40% from the 62.401 dollar bottom.
GDC Shares and Recent Developments
Following the announcement, GDC shares rose 24% to close at 4,13 dollars (Yahoo Finance). BTC treasury is worth approximately 517,5 million dollars at current prices; this is more than twice the company's market cap (236,7 million dollars). While BTC has fallen to 60,000 dollars market-wide, GDC's BTC sales decision could accelerate share repurchases. Moves by major UAE banks into BTC are also increasing institutional interest.