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.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
RTHK: U.S. stocks closed lower on Tuesday, with the Dow down 0.3% and the Nasdaq down 0.7%.
-
2
CNBC: Colom leads by 2,607 votes in Mississippi Senate race, race uncalled
-
3
Financial Times: Anthropic's underwriting banks prepare to boost IPO valuation to at least $1.5 trillion
-
4
Al Jazeera: UKMTO receives report of incident involving oil tanker in Strait of Hormuz, details unclear
-
5
Hong Kong and mainland Chinese stocks opened lower, weighed down by higher-than-expected US inflation and escalating interest rate hike expectations.
-
6
Nikkei Stock Average flat at 60,451.02 as bank and pharma gains offset tech and machinery losses
-
7
Hong Kong's Insurance Authority (IA) has prohibited Lim Ka Kit from engaging in insurance intermediary business for nine months.
-
8
Al Jazeera: Iran denies holding talks with the US
-
9
Binance Announcement: bStocks to Support SanDisk (SNDK) 1-for-8 Stock Split
-
10
Musk retweeted that the US Federal Communications Commission has accepted SpaceX's application to acquire 800 MHz spectrum.
Markets Today
Recommended Reading


