Next Technology Holding has authorized selling or pledging its approximately 5,833 Bitcoin to reduce risk and improve liquidity. The company says the decision followed its review of the Binance incident and broader custody concerns, including potential quantum-computing threats. It says none of its Bitcoin is held through Binance. The CEO will determine transaction terms; the authorization does not guarantee that a sale or financing will occur.
Related currencies / asset groups: BTC
Next Technology Holding says its board authorized sales or pledges of its approximately 5,833 Bitcoin.
www.globenewswire.comThe company says none of its Bitcoin is held on or through Binance.
www.globenewswire.comThe company gives no assurance that any sale, pledge or financing will be completed.
www.globenewswire.comLimitation: The authorization does not assure completion of a sale, pledge or financing.
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