Next Technology Holding board authorizes sale or pledge of ~5,833 bitcoin worth ~$449M

Nasdaq-listed software company Next Technology Holding (NXTT) says its board has authorized the sale or pledge in batches of its roughly 5,833 bitcoin, worth about $449 million, citing the Binance hack, exchange vulnerabilities and quantum computing threats to bitcoin's cryptography. The company says none of its bitcoin is held on Binance.

Detected & updated continuously · Source: Nebula