Leaderboard / Media / United States

GD Culture Group (GDC) bitcoin per share

Flagged: excluded from the leaderboard.Claimed BTC is roughly 70x the company market cap, the board has authorized selling the entire reserve, and a going-private proposal is pending. The market clearly does not credit these holdings at face value. The figures below are shown for transparency only and should not be compared against ranked companies. See the methodology page.

BTC per share

0.00180288

BTC held ÷ shares outstanding

Sats per share

180,288.46 sats

1 BTC = 100,000,000 sats

BTC held

7,500 BTC

as of August 3, 2026

Shares outstanding

4,160,000

basic, as of June 29, 2026

USD value per share

live BTC spot × BTC per share

Leaderboard rank

Excluded

Data confidence: low

GD Culture Group is a media company with a bitcoin position, one of the more unusual corners of the corporate treasury universe. Media balance sheets rarely hold hard assets, which makes the per-share bitcoin math here worth watching more than the headline holding. Listed on Nasdaq and based in the United States, it holds 7,500 BTC against 4,160,000 shares outstanding, which works out to 180,288.46 satoshis per share. This company is excluded from the main bitcoinps.com leaderboard because its reported figures cannot be taken at face value; the details are covered below.

The math

The calculation is deliberately simple: 7,500 BTC (as of August 3, 2026) divided by 4,160,000 basic shares (as of June 29, 2026) gives 0.00180288 BTC per share. Put another way, you would need roughly 555 shares to hold one full bitcoin through this stock. We rate this row low confidence: one or both inputs are unverified, stale or structurally uncertain, so the figure should be read as indicative rather than precise.

Holdings context

Direction of travel matters more than the snapshot here. Disclosures point to this position being wound down or restructured, so the per-share figure is more likely to shrink or disappear than to grow between our updates.

Analyst note (2026-08-03): CAUTION - RECOMMEND EXCLUDING OR FLAGGING: acquired 7,500 BTC Sept 2025 via all-stock Pallas Capital deal ($841.5M cost, ~41% underwater). Board authorized selling the ENTIRE reserve (Feb 2026) to fund buybacks; going-private proposal pending. 1-for-250 reverse split 2026-06-29 cut ~1.04B shares to ~4.16M. Market cap ~$7M vs ~$480M claimed BTC (mNAV ~0.015) - market clearly doubts the holdings/structure; naive BTC/share (~0.0018) would absurdly rank near Strategy. stockanalysis shows 243K shares - data error, ignore.

What would change this number

New share issuance. Any capital raise, ATM program or convertible conversion grows the share count and mechanically lowers BTC per share unless matching coins are added. This row has no heavy-issuer flag today, but that can change with a single financing announcement.
Buybacks. The company has been repurchasing its own shares. Buybacks shrink the denominator, so each remaining share represents more bitcoin, which is why treasury companies trading below their bitcoin value per share often prefer buybacks to new coin purchases.
Further bitcoin sales. Recent disclosures show the company selling bitcoin. Each sale reduces the numerator directly, and per-share exposure falls with it unless the proceeds retire shares or debt in a way that offsets the loss of coins.
Split mechanics. A reverse stock split has already reshaped this share count. Splits change BTC per share mechanically without changing economic exposure: a 1-for-10 reverse split multiplies the per-share figure tenfold while leaving each investor's total sats untouched. Always check the split history before comparing this row across time.

Quick reference: at the current figure, roughly 555 shares of GDC represent one full bitcoin.

Sources

Listed on Nasdaq. Figures carry their own as-of dates above; this page was generated on August 3, 2026. See how we compute bitcoin per share, or browse the full leaderboard.