GD Culture Group to Sell Bitcoin (BTC) Holdings for Major Share Buyback Program

Publicly traded company GD Culture Group (NASDAQ: GDC) has announced a strategic decision to sell a portion of its Bitcoin (BTC) treasury holdings. The capital raised from the sale of BTC will be used to fund a new share repurchase program. The company's board has authorized the buyback of up to $10 million worth of its Class A ordinary shares over the next 12 months. This move aims to return value to shareholders and reflects management's confidence in the firm's long-term valuation. GD Culture, previously known as Hebron Technology Co., began accumulating Bitcoin as a treasury reserve asset in 2021. The decision to liquidate some BTC coincides with recent market strength and is framed as a reallocation of corporate capital to optimize the balance sheet and enhance per-share earnings.