China’s Largest Corporate Bitcoin Whale Announces $500M Stock Offering to Double Down on BTC

Corporate Bitcoin Strategy Reaches New Heights

China's biggest institutional Bitcoin holder just made a power move—announcing a massive $500 million stock sale with one clear purpose: loading up on more BTC. This isn't just accumulating; it's a strategic bet on Bitcoin's long-term value, straight from a heavyweight player in the global market.

Why $500M Matters

Half a billion dollars doesn't just signal confidence—it screams conviction. While traditional finance scrambles to keep up, this firm's doubling down cuts through the noise. They're not waiting for regulatory green lights or market dips; they're building positions now.

Institutional Adoption Accelerates

Forget small-time retail interest. This is corporate-level deployment—cold, calculated, and aimed squarely at the future of digital assets. It's a play that bypasses doubt and leans into Bitcoin's hardening role as a store of value.

What This Means for Markets

Expect ripples. A purchase this size doesn't slide under the radar—it nudges markets, shifts narratives, and gives the 'too volatile' crowd another reason to sweat. Plus, let's be real—nothing makes finance traditionalists squirm like a half-billion-dollar bet on something they still call a 'fad.'

Bottom line: When a giant buys this big, it’s not a trend—it’s a signal. And maybe, just maybe, a middle finger to monetary orthodoxies that have long overdue for disruption.

Next Technology Becomes 15th-Largest Corporate Bitcoin Holder

Next Technology currently holds 5,833 Bitcoin worth approximately $671.8 million, making it the 15th-largest Bitcoin treasury globally, according to BitcoinTreasuries.NET.

That places it ahead of other corporate holders such as KindlyMD, Semler Scientific, and GameStop.

If the company allocates even half of the proceeds from this new offering to BTC, it could purchase another 2,170 bitcoin at current prices, pushing its holdings beyond the 8,000 mark.

The MOVE reflects a broader trend among public companies using equity raises, convertible notes, and other capital market tools to accumulate Bitcoin as a strategic asset.

The number of listed companies holding Bitcoin has nearly doubled in 2025, now totaling 190 with combined holdings exceeding 1 million BTC, over 5% of the total supply.

Shares of Next Technology (NXTT) fell 4.76% on Monday to $0.14, with an additional 7.43% drop in after-hours trading following the announcement, according to Google Finance data.

Despite the dip, the company has seen significant unrealized gains on its Bitcoin investment.

It first acquired 833 Bitcoin in December 2023 and followed up with a 5,000 BTC purchase in late March, averaging a cost basis of $31,386.

With BTC currently trading around $115,000, Next Technology is sitting on a paper gain of over 266%.

Unlike firms such as Japan’s Metaplanet and the US-based Semler Scientific, which have set ambitious Bitcoin accumulation targets, Next Technology said it has no fixed BTC goal, and will “monitor market conditions” before making additional purchases.

Strategy Tops Corporate Bitcoin Holdings with 636,505 BTC

Aside from Next Technology, many other corporate companies are also adding BTC to their balance sheets.

Michael Saylor’s Strategy now holds 636,505 BTC, making it the largest corporate holder by a wide margin.

Bitcoin mining firm MARA Holdings remains in second with 52,477 BTC, after adding 705 BTC in August.

But new entrants are gaining ground. XXI, founded by Strike CEO Jack Mallers, has amassed 43,514 BTC, while the Bitcoin Standard Treasury Company holds 30,021 BTC.

Other major players include crypto exchange Bullish (24,000 BTC), Metaplanet (20,000 BTC), and publicly listed names like Riot Platforms, Trump Media & Technology Group, CleanSpark, and Coinbase.

This wave of accumulation has fueled speculation around a supply shock. With just 5.2% of Bitcoin’s fixed 21 million supply left to be mined, continued corporate demand could drive prices even higher.

Some firms are aiming much higher. Japan’s Metaplanet and U.S.-based Semler Scientific have set targets of 210,000 BTC and 105,000 BTC by 2027, ten to twenty times their current holdings.

Outside the US, 120 public companies now hold Bitcoin. Canada, the UK, Hong Kong, Mexico, South Africa, and Bahrain are among the countries where corporate BTC ownership is growing.