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Approval Granted to Sell 5,833 Bitcoin: $450 Million in BTC Poised to Enter the Market
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Approval Granted to Sell 5,833 Bitcoin: $450 Million in BTC Poised to Enter the Market

Key Highlights: Next Technology holds Bitcoin reserves valued at more than 50 times its total market capitalization of roughly $7.8 million. The firm cited a $6.3 billion attack on Binance, broader exchange vulnerabilities, and future quantum computing risks regarding Bitcoin’s encryption as primary operational concerns. The company acquired 5,000 BTC in March 2025 at an ...

Nasdaq-Listed Firm Considers Selling $450 Million in Bitcoin Over Binance Hack and Quantum Concerns
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Nasdaq-Listed Firm Considers Selling $450 Million in Bitcoin Over Binance Hack and Quantum Concerns

Key Highlights: Japan-based software firm Next Technology Holding (NXTT), valued at roughly $7.8 million, has authorized the sale or borrowing against its roughly 5,833 Bitcoin reserve worth nearly $450 million. The board initiated the review following the recent Binance security breach, also citing general exchange vulnerabilities and long-term quantum computing risks to Bitcoin’s cryptographic foundations. ...