• Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks The company’s stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin’s record price above $126,000 • What to know: GD Culture Group received board approval to sell part of its bitcoin reserve to fund a stock repurchase program • The company holds 7,500 bitcoins currently worth about $497 million, and is currently sitting on an unrealized loss of $344 million • Shares are higher on Wednesday, but have lost about two-thirds of their value alongside the sharp decline in the price of bitcoin • GD Culture Group (GDC) has receivedboard approvalto sell part of its 7,500 bitcoin reserve to help fund a previously announced stock repurchase program, the company said • The board authorization allows management to decide when and how to carry out the bitcoin sales

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  • Bitcoin treasury firm GD Culture set to sell BTC holdings to fund share buybacks The company’s stock has lost about two-thirds of its value since peaking last year, nearly in step with bitcoin’s record price above $126,000. What to know: - GD Culture Group received board approval to sell part of its bitcoin reserve to fund a stock repurchase program. - The company holds 7,500 bitcoins currently worth about $497 million, and is currently sitting on an unrealized loss of $344 million. - Shares are higher on Wednesday, but have lost about two-thirds of their value alongside the sharp decline in t

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