The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public […] The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public […] The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.

Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

2025/09/18 02:15

The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public holders of the cryptocurrency.

The move comes through a share-swap arrangement with British Virgin Islands-based Pallas Capital Holding. Under the terms, GD Culture will issue about 39.2 million shares of common stock in return for assets valued at $875 million—most of which is made up of Bitcoin.

Strategic Play for a Digital Reserve

For CEO Xiaojian Wang, the acquisition is more than just a bet on price. He described it as part of a long-term plan to build a diversified reserve of digital assets, taking advantage of the wave of institutional recognition that has positioned Bitcoin as a modern treasury tool and hedge against volatility in traditional markets.

If completed, the deal would rank GD Culture as the 14th-largest Bitcoin-holding company in the world, adding its name to a growing list of over 190 firms that have adopted BTC as part of their financial strategies in 2025.

Market Jitters Despite Bold Move

Investors, however, reacted with caution. Shares of GD Culture fell by more than 28% after the announcement, closing at $6.99—the sharpest single-day drop the company has seen in a year. Analysts suggested the decline reflected concerns about dilution from the new equity issuance rather than doubts over Bitcoin itself.

READ MORE:

Crypto Treasuries Struggle as Market Values Slide

This isn’t GD Culture’s first venture into crypto territory. Earlier this year, the firm revealed intentions to set up a reserve of digital assets through a $300 million stock issuance. That plan included not only Bitcoin but also the TRUMP token, the meme coin officially tied to President Donald Trump.

Now, with Bitcoin taking center stage in its treasury strategy, GD Culture has made one of the boldest corporate crypto commitments of 2025, further underscoring how digital assets are being woven into the fabric of publicly traded companies.


The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

The Beijing Procuratorate announced a case of illegal USDT cross-border foreign exchange transactions involving over 1.1 billion yuan.

PANews reported on October 29th that, according to a report by 21st Century Business Herald, on October 28th, the Beijing Municipal People's Procuratorate released "Typical Cases of High-Quality and Efficient Performance of Financial Procuratorial Duties" (2024-2025). One case involved "using virtual currency to indirectly buy and sell foreign exchange, involving over 1.1 billion yuan." Between January and August 2023, Lin Jia, under the instruction of others, colluded with Lin Yi, Xia, Bao, and Chen to use multiple bank cards under their names to receive large amounts of RMB funds transferred from clients (such as Liu) connected to the "upstream" of an illegal currency exchange organization. This gang used virtual currency as a "bridge" to achieve the illegal purpose of cross-border fund transfers: Lin Jia and others converted the received RMB into USDT through multiple USDT trading platform accounts they actually controlled, and then completed the cross-border fund transfer through platform transactions, essentially engaging in disguised foreign exchange trading and profiting from it. According to the report, the total illegal business activities of the gang amounted to over 1.182 billion yuan, of which five members, including Xia and Bao, participated in activities ranging from over 149 million yuan to over 469 million yuan. On March 21, 2025, the Haidian District People's Court of Beijing issued a first-instance verdict, sentencing all five defendants to prison terms ranging from two to four years for the crime of illegal business operations, and imposing corresponding fines.
Share
2025/10/29 09:42