星球日报|Feb 25, 2026 13:39
[NASDAQ-listed Company GD Culture Board Approves Sale of 7,500 Bitcoins]
Odaily Planet Daily 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 purpose is to fund the share repurchase plan previously announced on February 18, 2026. It is reported that the sale of these bitcoins will be carried out in multiple transactions, executed flexibly by management in 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, fees, and taxes. (Globenewswire)
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