November 6, 2025

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Nasdaq-listed GD Culture plunges on $875M Bitcoin acquisition deal

1 min read
Nasdaq-listed GD Culture plunges on 5M Bitcoin acquisition deal

Nasdaq-listed GD Culture plunges on 5M Bitcoin acquisition deal

Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital.