09:00 AM EDT, 09/16/2025 (MT Newswires) -- GD Culture Group ( GDC ) said Tuesday it entered into an agreement to acquire all of the issued and outstanding shares of Pallas Capital, a firm registered in the British Virgin Islands, in an all-share transaction.

Upon closing of the transaction, GD Culture ( GDC ) said it will issue around 39.2 million shares and acquire all of Pallas Capital's assets, including 7,500 Bitcoin, free and clear of any encumbrances.

GD Culture ( GDC ) said it aims to strengthen its reserve portfolio and "establish a stronger presence" in the decentralized finance ecosystem.

GDC shares were 2% lower in premarket trading.