GD Culture Plans Bitcoin Sale to Buy Back Shares

GD Culture, a company known for AI and livestreaming services, has decided to liquidate part of its Bitcoin stash. The move is aimed at raising money for a new share repurchase plan that can reach up to $100 million over the next half‑year. The firm holds about 7, 500 Bitcoins—acquired when it bought Pallas Capital last fall. At current prices, that pile is worth roughly $518 million. Even though the board has cleared the sale, the company can choose how much to sell and when. It is not required to offload all its coins, and the program can change or stop at any time.After announcing the plan, GD Culture’s stock jumped 15%, climbing to $4. 04 a share. Yet the price remains about 60% below its yearly peak and has slipped more than 10% in the last month. Other crypto‑treasury firms have followed a similar path. In October, ETHZilla sold $40 million of Ethereum to fund its own buy‑backs. Riot Platforms and Cango have also sold large Bitcoin amounts, partly to support new technology ventures. The strategy reflects a growing trend: companies with sizable digital‑asset reserves are turning those holdings into cash to boost shareholder value.