Pallas Capital Acquisition Boosts GD Culture’s Treasury Strategy

GD Culture Group Limited (Nasdaq: GDC) has announced a landmark deal to acquire Pallas Capital Holding Ltd., adding 7,500 bitcoin to its balance sheet as part of a sweeping crypto treasury strategy.

Under the terms of the share exchange agreement, GDC will issue 39,189,344 shares of its common stock to complete the acquisition. Once finalized, the company will gain full ownership of Pallas Capital’s assets, which include the unencumbered bitcoin reserves.

Mr. Xiaojian Wang, Chairman and CEO of GDC, commented,

The acquisition of Pallas Capital directly supports our initiative to build a strong and diversified crypto asset reserve by acquiring scalable, high-value digital assets. By acquiring Pallas Capital and its 7,500 bitcoin through this transaction, we are positioning GDC to capitalize on bitcoin’s growing role as a store of value and institutional reserve asset.

The transaction has already secured majority shareholder approval, satisfying requirements under Nevada Revised Statutes and Nasdaq Listing Rule 5635(d).

For GDC, the acquisition represents more than just an asset boost. By anchoring its reserves with bitcoin, the company aims to solidify its presence in the decentralized finance sector and position itself for long-term growth as demand for digital assets expands.

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