**Nasdaq-Listed GD Culture to Add 7,500 BTC After Acquisition of Pallas Capital**

GD Culture Group, a Nasdaq-listed company, has announced a major step into the crypto space with its acquisition of Pallas Capital Holding. Through a definitive share exchange agreement, GD Culture will acquire all outstanding shares of Pallas Capital in exchange for issuing 39,189,344 shares of its own common stock. As a result, GD Culture is set to receive 7,500 Bitcoin, which will be held as a long-term digital asset reserve.

With Bitcoin currently hovering around $116,900, this strategic move adds approximately $876.8 million in value to GD Culture’s balance sheet. The acquisition propels GD Culture into the ranks of the top 15 publicly traded companies by Bitcoin treasury reserves.

According to leadership at GD Culture, this acquisition significantly strengthens the company’s financial position and reflects its commitment to leveraging blockchain and decentralized finance technologies. The company plans to continue exploring opportunities in the crypto and DeFi sectors to further enhance shareholder value.

The closing of this deal marks a pivotal moment for GD Culture as it expands its digital asset holdings and positions itself as a notable player in the cryptocurrency space.