GD Culture Group board authorizes bitcoin sales to fund share repurchases

GD Culture Group (GDC) announced that its board of directors has authorized the sale, exchange, or other disposition of Bitcoin from the 7,500 Bitcoin reserve that the Company holds to fund its previously announced share repurchase program disclosed on February 18, 2026. The Board’s authorization permits the Company to execute the Bitcoin Sales in one or more transactions, from time to time, as management determines to be in the best interests of the Company and its shareholders. Proceeds from the Bitcoin Sales are expected to be used to fund repurchases of the Company’s common stocks pursuant to the Share Repurchase Program, as well as to cover related expenses, including brokerage commissions, fees, and applicable taxes.