$500M Worth of Stock for BTC: What’s Next Technology Planning?
Yahoo Finance·2025-09-16 18:26
Next Technology Holding, the largest Chinese Bitcoin treasury firm, wrote in a filing with the US Securities and Exchange Commission that it plans to sell $500 million worth of its common stock. According to the SEC filing, the Shenzhen-based company will use the funds to cover general corporate expenses and purchase additional Bitcoin. Bitcoin and the broader altcoin market could potentially see positive momentum due to the large BTC accumulation plans. However, it’s important to note that the crypto m ...