logo

Next Technology Holding Inc Surges 777% After Major Bitcoin Acquisition, Holding 5,833 BTC Worth $481.7 Million

By: bitcoin ethereum news|2025/05/10 11:45:04
0
Share
copy
On May 10th, COINOTAG reported that U.S. stocks experienced a dramatic surge, with Next Technology Holding Inc witnessing a remarkable **777%** increase, reaching **$2.7** per share. This surge follows the company’s substantial boost in **Bitcoin** holdings, amounting to approximately **5,833 Bitcoins** valued at **$481.7 million** as of March 31, 2025, a significant leap from the **833 Bitcoins** it held at the end of 2024. Such growth can be attributed to a strategic cryptocurrency acquisition executed in March, financed through the issuance of stock and **warrants**. With a primary focus on software development alongside its Bitcoin investments, Next Technology also announced first-quarter net revenues of **$193.4 million**, predominantly derived from **unrealized gains** in its digital asset portfolio. This upward trend underscores the growing interest and viability of cryptocurrencies within the broader financial landscape. Source: https://en.coinotag.com/breakingnews/next-technology-holding-inc-surges-777-after-major-bitcoin-acquisition-holding-5833-btc-worth-481-7-million/

You may also like

Tom Lee's Ethereum Thesis: Why the Man Who Called the Last Cycle Is Doubling Down on Bitmine

Tom Lee is emerging as one of Ethereum’s most influential supporters. From Fundstrat to Bitmine, his Ethereum thesis combines staking yield, treasury accumulation, and long-term network value. Here is why “Tom Lee Ethereum” has become one of crypto’s most watched narratives.

Naval personally takes the stage: The historic collision between ordinary people and venture capital

Naval personally stepped in as the chairman of the USVC Investment Committee. This SEC-registered fund launched by AngelList attempts to bring top private tech assets like OpenAI, Anthropic, and xAI to the general public with a $500 entry threshold. It is not just a new fund, but a structural experi...

a16z Crypto: 9 Charts to Understand the Evolution Trends of Stablecoins

Stablecoins are evolving from trading tools into universal payment infrastructure, and this process is quieter and more thorough than most people expected.

Refutation of Yang Haipo's "The End of Cryptocurrency"

This may be the true test of cryptocurrency. It's not about whether the price has reached a new high, nor about who will achieve financial freedom in the next bull market, but rather whether, after all the grand narratives have been washed away by cycles, it can still leave behind some simpler, more...

Can a hairdryer earn $34,000? Interpreting the reflexivity paradox of prediction markets

Prediction markets are essentially betting on reality, and when participants can access or even influence this path earlier, the market no longer just reflects reality but begins to shape it in return.

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."
The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

17:42

Public company Tron Inc. increased its holdings by 154,494 TRX tokens, bringing its total holdings to over 693.3 million tokens

Nasdaq-listed company Tron Inc. (TRON) announced that today it has increased its holdings by 154,494 TRX tokens at an average price of $0.3236, further raising the total amount of TRX in its treasury to over 693.3 million tokens. Tron Inc. plans to further expand the scale of its TRX treasury to enh...
17:42

The Coinbase Bitcoin premium index has been positive for 18 consecutive days, currently reported at 0.0336%

According to Coinglass data, the Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently reported at 0.0336%.The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the glob...
17:42

A certain whale spent 358 ETH in the past 24 hours to buy 2.62 billion ASTEROID after being silent for six months

According to Onchain Lens monitoring, a certain whale spent 358 ETH to buy 2.62 billion ASTEROID in the past 24 hours after being silent for six months, and then used it to provide liquidity.
16:42

Chen Maobo: Digital asset and other themed ETFs provide efficient and highly transparent investment tool options

The Financial Secretary of Hong Kong, Paul Chan, published an essay titled "Gathering Greater Energy through Innovation and Cooperation," in which he pointed out that global investors are accelerating the diversification of asset allocation, reducing reliance on a single market or single asset. With...
16:42

Data: In the past 24 hours, the total liquidation across the network was 105 million USD, with long positions liquidated at 56.9795 million USD and short positions liquidated at 47.7123 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $105 million, with long positions liquidated at $56.9795 million and short positions liquidated at $47.7123 million. Among them, Bitcoin long positions were liquidated at $5.5146 million, Bitcoin short po...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com