₿$73,459.79▼ 0.12%
GD Culture Group Limited
GD Culture Group is a Nasdaq-listed company focused on AI-driven digital human creation, customization, and live streaming e-commerce. The company acquired 7,500 BTC through its $875 million purchase of Pallas Capital Holding Ltd in September 2025, pivoting to a bitcoin treasury strategy.
BTC Holdings
7,501.08 BTC
180d
Stock PriceUpdated 11h ago
$0.11▼ 6.86%
180d
Total financing
0.00 USD
Insufficient history
mNAV
0.01x▼ 6.74%
180d
Sats/Share
10,827
180d
Mkt capFD
7.62M USD
SharesFD
69.28M
Fiat reserve
16.80K USD
Total reserve
551.04M USD
Leverage
0.0%
Dilution
14.0%
Analytics
FinancialsUnverified
US-GAAPQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$506.7M▼41.5%
Total Liabilities$2.6M▼31.6%
Stockholders' Equity$503.8M▼41.5%
Cash & Equivalents$16.8K▼92.5%
Total Debt—
Digital Assets$500.5M
Income Statement
Revenue—
Operating Income$-1.6M▼166.9%
Net Income$-164.1M▼1457.2%
Interest Expense—
Cash Flow
Operating Cash Flow$-649.3K▼114.1%
Instruments
May 2023 Placement Agent Warrants
Placement agentExercise price
10.020 USD
Warrant shares
115.5K
Expiry
—
Outstanding
115.5K
November 2023 Registered Warrants
CommonExercise price
3.019 USD
Warrant shares
3.3M
Expiry
2028-11-03
Outstanding
565.1K
November 2023 Placement Agent Warrants
Placement agentExercise price
3.623 USD
Warrant shares
331.2K
Expiry
—
Outstanding
331.2K
March 2024 Placement Agent Warrants
Placement agentExercise price
1.373 USD
Warrant shares
40.5K
Expiry
—
Outstanding
40.5K
May 2025 Pre-Funded Warrants
Pre-fundedExercise price
0.0010 USD
Warrant shares
7.5M
Expiry
2030-05-06
Outstanding
7.5M
Total unexercised
8.5M
| Instrument | Type | Exercise price | Warrant shares | Expiry | Outstanding |
|---|---|---|---|---|---|
| May 2023 Placement Agent Warrants | Placement agent | 10.020 USD | 115.5K | — | 115.5K |
| November 2023 Registered Warrants | Common | 3.019 USD | 3.3M | 2028-11-03 | 565.1K |
| November 2023 Placement Agent Warrants | Placement agent | 3.623 USD | 331.2K | — | 331.2K |
| March 2024 Placement Agent Warrants | Placement agent | 1.373 USD | 40.5K | — | 40.5K |
| May 2025 Pre-Funded Warrants | Pre-funded | 0.0010 USD | 7.5M | 2030-05-06 | 7.5M |
| Total unexercised | 8.5M | ||||
Recent Changes
Tue, Mar 31, 2026
BTC Holdings
7.5K→7.5K+1.08 BTC(+0.0%)
7,500 BTC long-term reserve (Pallas) + 1.08 BTC acquired in Q1 2026 for short-term trading at $100,000 cost
Form 10-Q (Q1 2026)Fiat Reserve
456.0K→16.8K-439.2K(-96.3%)USD
Cash nearly depleted from $456,041 (Dec 31, 2025) to $16,805 (Mar 31, 2026) as Pallas had no operations except holding BTC.
Form 10-Q (Q1 2026)Fri, Mar 27, 2026
Shares Outstanding
57.3M→60.8M+3.4M(+6.0%)
Form 10-K (2025)
Wed, Dec 31, 2025
Fiat Reserve
225.1K→456.0K+231.0K(+102.6%)USD
Form 10-K (2025)