Bitcoin Treasury Firm GD Culture to Sell BTC to Fund Share Buybacks
GD Culture, a company known for holding bitcoin on its balance sheet, announced plans to sell BTC to fund a program of share buybacks as its stock price has dropped roughly two‑thirds from last year’s highs. The share decline closely tracks bitcoin’s fall from a record above $126,000, and management framed the buybacks as a way to return value to shareholders amid weakening equity performance. The move matters because liquidating treasury bitcoin can create additional supply pressure in crypto markets, at least short term, and highlights a trade‑off for treasury firms between supporting equity and preserving crypto holdings. Investors will be watching execution size and timing to gauge market impact and whether the buybacks help stabilize GD Culture’s stock price.