GD Culture’s Bold $875M Bitcoin Bet Backfires: 7,500 BTC Acquisition Sends Shares Tumbling 28%

Another day, another corporate treasury diving headfirst into crypto—only to discover the water's freezing.

The Numbers Don't Lie

GD Culture just dropped $875 million to grab 7,500 Bitcoin. That’s not a typo—that’s nearly a billion dollars worth of digital gold. Shareholders? They’re not thrilled. The stock cratered 28% faster than you can say 'volatility.'

Wall Street Meets Crypto Street

Traditional finance types are clutching their pearls. They’d rather stick to bonds and dividends than ride Bitcoin’s rollercoaster. Meanwhile, crypto natives are shrugging—this is just Tuesday. Companies keep trying to marry quarterly earnings with Satoshi’s vision, and sometimes the prenup gets ugly.

Timing Is Everything—Or Nothing

Buying Bitcoin isn’t for the faint-hearted. It’s a long game, and GD Culture just went all-in. Markets hate uncertainty, and nothing screams 'uncertain' like betting the farm on an asset class that’s still writing its own rules.

Finance’s New Playground

Love it or hate it, corporate Bitcoin moves aren’t going away. They’re the ultimate flex—or the ultimate faceplant. Either way, it’s a sign that digital assets aren’t just for degenerates anymore. Even if the suits still don’t get it.

So here we are: another company learning the hard way that stacking sats looks better on Twitter than it does on a balance sheet. But hey—at least they didn’t buy NFTs.

Shares plunge after Bitcoin acquisition

Even though the intention is to enhance shareholder value, stakeholders have failed to share the same enthusiasm, with the company’s shares tumbling more than 28% on Tuesday before clawing back slightly after hours.

Shareholders may be concerned that the heavy dilution tied to funding Bitcoin purchases could erode long-term value, as seen with some other companies that have leaned heavily on the Bitcoin treasury strategy.

Experts like VanEck’s head of digital assets research, Matthew Sigel, have issued warnings that issuing stock NEAR net asset value can leave existing investors exposed if market sentiment turns sour.

“Once you are trading at NAV, shareholder dilution is no longer strategic. It is extractive,” he warned.

Data from Google Finance shows that the latest drop was the largest in over 12 months.

GD Culture first announced its treasury strategy in May when it said it WOULD sell $300 million of its common stock to fund its crypto buys.

That being said, the number of Bitcoin treasury companies has grown at a steady pace this year, and currently, over 190 publicly listed firms are on the list of corporate Bitcoin stackers. Together, these companies have accumulated over 1 million BTC as of Sep. 17, 2025.