GD Culture, a NASDAQ-listed company, approves board resolution to sell 7,500 Bitcoins

Odaily News: NASDAQ-listed company GD Culture announced that its board of directors has authorized the sale, exchange, or disposal of its current reserve of 7,500 Bitcoins. The move aims to fund a previously announced share repurchase plan disclosed on February 18, 2026. It is reported that the Bitcoin sales will be conducted in multiple tranches, with management executing flexibly based on the best interests of the company and its shareholders. The proceeds from the Bitcoin sales will be used to repurchase the company's common stock and cover related expenses, including brokerage commissions, handling fees, and taxes. (Globenewswire)