GD Culture Group approves partial Bitcoin sale to fund share buyback program

The board of GD Culture Group (GDC), a digital marketing and artificial intelligence (AI) company, has approved the sale of some of its Bitcoin (BTC) holdings. The move is aimed at securing funding for a share repurchase program.

According to Cointelegraph on the 26th (local time), GDC’s board authorized the company to sell the Bitcoin held in its corporate treasury “through multiple transactions on one or more occasions.” It added, however, that there is no obligation to sell any specific amount.

GDC previously said in May 2025 that it would build a crypto asset reserve using Bitcoin and Official Trump Coin (TRUMP). This decision is seen as a step back from part of that strategy.

The company announced in February a program to repurchase up to $100 million of its own shares over six months. Following the announcement, GDC shares closed at $4.13, surging more than 24%.

GDC secured 7,500 BTC in September 2025 through its $875 million acquisition of Palace Capital Holdings. At the time, Bitcoin traded between $109,000 and $117,000. Shortly after the acquisition was announced, the company’s shares fell about 28%.

According to BitcoinTreasuries data, GDC is the 15th-largest publicly listed company by Bitcoin holdings. However, its current Bitcoin investment return is roughly a 41% loss.

GDC’s multiple of market capitalization to net asset value (mNAV) stands at around 0.42. mNAV, calculated by dividing a company’s market cap by the value of its Bitcoin holdings, is used as a key valuation metric for firms pursuing Bitcoin treasury strategies.

As of the time of reporting, the 7,500 BTC stake is worth about $517.5 million, more than double the company’s market capitalization of roughly $236.7 million even after the recent surge in its share price.