The board of directors of GD Culture, a U.S.-listed company, has approved the sale of 7,500 Bitcoin
Svmuu 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 Bitcoin tokens to fund the share buyback program previously announced on February 18, 2026.It is reported that the sale of these Bitcoin will be conducted in multiple tranches, with management executing the transactions flexibly in the best interests of the company and its shareholders. Proceeds from the sale of Bitcoin will be used to repurchase the company’s common stock and to cover related expenses, including brokerage commissions, transaction fees, and taxes. (Globenewswire)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
SK hynix in talks with Intel over potential US memory production agreement
-
2
Bybit to adjust risk limits and leverage for selected perpetual contracts including 1000XECUSDT and BLASTUSDT, effective Sep 18, 2026
-
3
Markets are cautiously optimistic ahead of the Federal Reserve's decision, with U.S. Treasuries slightly stronger, crude oil gains narrowing, and equity index futures holding steady.
-
4
Turkish Stocks Fall More Than 5% Amid Deepening Fund Redemption Woes
-
5
Nikkei: Japan's MUFG Bank to Introduce Guidelines for Financing Defense Industry
-
6
Zhipu AI's CoWork business in China is progressing rapidly, with industry orders exceeding 1 billion yuan within one month of GLM-5.3's release.
-
7
UK FCA Issues New Guidance for Crypto Assets, Preparing Firms for Authorization Applications Opening September 2026
-
8
Chinese AI company Zhipu has signed revenue-sharing agreements with multiple leading cloud service providers, both domestic and international, with related revenue expected to be recognized starting October 2026.
-
9
The Federal Reserve is expected to raise interest rates by 25 basis points tonight, with the market watching whether Warsh signals continued rate hikes.
-
10
Hong Kong to offer half-rate tax concession for commodity trading, launch tokenized warehouse-receipt financing pilot
Markets Today
Recommended Reading


