Next Technology Plans $500M Stock Sale to Expand Bitcoin Holdings
Next Technology Plans $500M Stock Sale to Expand Bitcoin Holdings
Next Technology Holding Inc., China's largest corporate holder of Bitcoin, has announced plans to raise up to $500 million through a public stock offering, signaling a deepening commitment to its digital asset strategy. The Nasdaq-listed software firm intends to use the proceeds primarily for general corporate purposes, which may include acquiring additional Bitcoin.
With 5,833 Bitcoin currently on its balance sheet—valued at approximately $6...
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