China’s Next Technology Holding Plans $500M Stock Offering: All to Buy More Bitcoin (BTC)

TLDR: Next Technology Holding filed an S-3 with the SEC for a $500M stock sale, targeting new capital raises. The company trades under “NXTT” on Nasdaq and plans to offer shares in multiple tranches over time. Funds from the $500M sale are expected to be used partly to acquire additional Bitcoin reserves. NXTT last traded [...]

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