Shares in GD Culture Group plummeted 28% after announcing a deal to acquire Pallas Capital Holding’s assets, including 7,500 Bitcoin. The company will issue nearly 39.2 million shares in exchange for $875.4 million worth of Bitcoin. This move aims to build a strong crypto asset reserve and capitalize on Bitcoin’s institutional acceptance.

Bitcoin treasury companies have surged in 2025, with over 190 publicly listed firms holding the asset, valued at $112.8 billion. Michael Saylor’s Strategy dominates with a 68% share. However, concerns have emerged about the sustainability of the strategy of converting capital into Bitcoin and waiting for appreciation.

GD Culture Group’s stock fell by 28.16% to $6.99, marking its largest drop in over a year. This decrease resulted in a market cap of $117.4 million, with shares down 97% from their all-time high. Diluting company shares can trigger negative market reactions, impacting existing shareholders and potentially leading to capital erosion.

Read more at cointelegraph.com. A new study reveals that 47% of Americans now own cryptocurrency, with Bitcoin being the most popular choice among investors. The survey also found that 55% of respondents believe that digital assets are a good investment opportunity.

cointelegraph.com. Bitcoin’s price has surged to a new all-time high of $68,000, surpassing its previous record set in April. The cryptocurrency’s market capitalization has also reached $1.3 trillion, solidifying its position as the largest digital asset in the market.

cointelegraph.com. In a historic move, El Salvador becomes the first country to adopt Bitcoin as legal tender. The government hopes that this decision will boost financial inclusion and attract investment from the cryptocurrency community. The move has sparked both excitement and skepticism among experts and citizens alike.: GD Culture Falls 28% on $875M Bitcoin Acquisition Deal