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China’s Next Technology Holding Plans $500M Stock Sale to Expand Bitcoin (BTC) Treasury

Avatar photo Sonny S. Watts 4 hours ago

Next Technology Holding, a Nasdaq-listed company based in China, has filed with the U.S. Securities and Exchange Commission (SEC) to sell up to $500 million in new shares. The company said proceeds will be used for general corporate purposes, including the purchase of more Bitcoin (BTC). That means not all $500 million is guaranteed to […]

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.