Next Technology Plans to Sell or Mortgage 5,833 BTC

Next Technology Holding (NXTT) has unanimously approved a resolution by its board to sell approximately 5,833 bitcoins held by the company or use them as collateral. The specific quantity and timing of the sale have not yet been determined, and it does not necessarily mean that all held bitcoins will be sold. The company stated that this move aims to reduce the risks associated with holding bitcoins and to improve liquidity. The resolution will take effect on October 30, and the CEO has been authorized to sell the held bitcoins in batches or use them as collateral.

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