$212M Bitcoin Loss Hits GDC Culture Group Amid Digital Asset Dominance
GDC Culture Group (GDC) has been hit by a significant loss of $212 million in Bitcoin, according to its recent quarterly report. The company's digital assets account for a substantial portion of its total assets.
The financial statement shows that as of June 30, 2026, GDC's total assets stood at $500.4 million, with digital assets making up approximately 92% of this amount.
GDC Culture Group is listed on the Nasdaq Capital Market under the ticker symbol GDC, and its shares are traded publicly. The company has a history of significant financial transactions, including a reverse split in the past.