DAT Bear Market Escape: GDC Board Approves Sale of Bitcoin Reserves, 7,500 Coins Selling Pressure Incoming?

GDC Board Approves Sale of 7,500 Bitcoins to Raise $100 Million for Stock Buyback, Causing Shares to Surge 24% — Highlighting Heavy Liquidation Pressure on DAT Companies in Bear Markets

GD Culture Board Approves Bitcoin Sale, Shares Jump 24%

The GD Culture Group (Stock Code: GDC), which previously decided to hold Bitcoin ($BTC) and Trump Coin ($TRUMP) reserves, approved yesterday (2/25) the sale of 7,500 Bitcoins, leading to a 24% surge in the company’s stock price.

An official statement said GD Culture is raising funds for a stock buyback plan of up to $100 million, expected to be completed within the next six months. The sale of Bitcoin reserves will be conducted in one or multiple transactions, but the company is not obligated to sell any specific amount. The plan may be modified, paused, or terminated at any time.

GDC Buying Back at Highs Faces Losses, Business Turnaround on the Horizon

GD Culture is headquartered in Nevada, USA, operating mainly through subsidiaries AI Catalysis and Shanghai Xianzhu Technology Co., Ltd., focusing on AI-driven digital human technology and live e-commerce.

In September 2025, GD Culture rode the wave of digital asset treasury companies (DAT) by acquiring Pallas Capital Holding for $875 million, during which it obtained 7,500 Bitcoins. At that time, Bitcoin prices ranged from $109,000 to $117,000, and the acquisition caused the company’s stock to plummet about 28%.

According to BitcoinTreasuries data, GD Culture is currently the 16th largest Bitcoin reserve company globally, but has already faced approximately 41% losses on its Bitcoin investments. Its net asset value multiple (mNAV) is now 0.441, a key indicator used to evaluate Bitcoin treasury companies, calculated by dividing the company’s market cap by the USD value of its Bitcoin holdings.

Currently, GDC’s Bitcoin holdings are worth about $510 million, roughly twice its market value of $237 million.

Image Source: BitcoinTreasuries GD Culture is currently the 16th largest Bitcoin reserve company globally, but has already faced about 41% losses on its Bitcoin investments.

In terms of financial performance, as of the first nine months ending September 30, 2025, the company reported a net profit of $9.6 million, a significant improvement compared to a net loss of $14.1 million in the same period in 2024.

At press time, GD Culture’s stock price had risen approximately 24% to $4.13 per share.

Image Source: Google GD Culture Board Approves Bitcoin Sale, Shares Jump 24%

Another DAT Company Under Pressure as Major Shareholder Pushes for Sale

Before the GD Culture board made its decision, another DAT company, Empery Digital, saw its major shareholder Tice P. Brown send a letter to the board, strongly urging the management team to abandon the Bitcoin-centric corporate strategy.

He explicitly demanded the company sell its 4,081 Bitcoin reserves (worth about $260 million), return all proceeds to investors, and immediately resign as CEO Ryan Lane along with all board members.

As cryptocurrency prices decline, these treasury companies relying on rising coin prices face severe challenges, and calls for asset liquidation are growing within the industry.

Related news:
Crypto stocks tumble together! Empery’s major shareholder pushes for resignation and sale of 4,081 Bitcoins