Nasdaq-Listed GD Culture Plunges on $875M Bitcoin Acquisition Deal

GD Culture’s Bitcoin Buy: Smart Play or Big Gamble? 2025 Analysis

The company has acquired 7,500 Bitcoin from Pallas Capital, valued at approximately $875.4 million, in exchange for nearly 39.2 million shares of its common stock. This acquisition positions GD Culture as the 14th largest publicly listed Bitcoin holder. According to CEO Xiaojian Wang, the acquisition directly supports GD Culture’s plan to build a strong and diversified crypto asset reserve, leveraging Bitcoin’s growing institutional acceptance a…

Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! - They'll Also Invest in Trump-Linked Altcoin!

The post Another Nasdaq-Listed Company Announces Massive Bitcoin (BTC) Purchase! Becomes 14th Largest Company! – They’ll Also Invest in Trump-Linked Altcoin! appeared on BitcoinEthereumNews.com. While the number of Bitcoin (BTC) treasury companies continues to increase day by day, another Nasdaq-listed company has announced its purchase of BTC. Accordingly, live broadcast and e-commerce company GD Culture Group announced a $787.5 million Bitcoin…

GD Culture Stock Plunges After $875M Bitcoin Acquisition Deal

Shares of GD Culture tumbled 28% after the firm announced plans to acquire all assets of Pallas Capital, with its 7,500 Bitcoin stash. The post GD Culture Stock Plunges After $875M Bitcoin Acquisition Deal appeared first on TheCoinrise.com.

GD Culture Shares Crash 28 Percent After $875 Million Bitcoin Deal

Key highlights: GD Culture plunged 28% after trading shares for 7,500 Bitcoin Deal makes GD Culture the 14th largest public Bitcoin holder Investors fear dilution as company pivots fully to crypto Shares of Nasdaq-listed GD Culture Group tumbled 28% after the company concluded a deal to acquire 7,500 Bitcoin worth $875.4 million from Pallas Capital. The streaming and trading firm exchanged 39.2 million shares for the cryptocurrency. CEO and Ch…

GD Culture acquires 7,500 Bitcoin via $875M share deal, shares plunge 28%

Nasdaq-listed GD Culture Group has acquired 7,500 Bitcoin as part of a share exchange agreement with Pallas Capital Holding, a British Virgin Islands-registered company. GD Culture Group, a livestreaming and e-commerce company with operations across the United States and China,…

GD Culture Share Tanks Nearly 28% Following Bitcoin Treasury Move

GD Culture shares plunge 28% after announcing $875M Bitcoin acquisition via 39.2M new share issuance. Purchase from Pallas Capital adds 7,500 BTC, making GDC the 14th largest public Bitcoin holder. Nasdaq-traded livestreaming firm GD Culture Group had its worst trading day in more than a year, falling 28% after declaring an $875 million acquisition of Bitcoin. The stock crash followed when investors came to know that the company would sell almos…