GD Culture Group Limited has announced that its board has approved the sale of its 7,500 Bitcoin reserves to fund a share buyback program worth up to $100 million. The company plans to sell the Bitcoin in installments, with proceeds used to repurchase common stock and cover related expenses. The plan is flexible, allowing for modifications or termination based on market conditions.
GD Culture to Sell 7,500 Bitcoin for $100 Million Share Buyback
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