Next Technology Files to Raise $500M, Eyes Bitcoin Purchases
Next Technology drops half-billion-dollar bombshell—Bitcoin buying spree incoming.
The $500M Play
Corporate treasury strategy just got a digital upgrade. Next Technology's filing reveals aggressive crypto allocation plans—bypassing traditional reserve assets entirely. The move signals institutional confidence in Bitcoin's store-of-value proposition over conventional holdings.
Market Impact
Half-billion-dollar injections move markets. This capital deployment could trigger ripple effects across crypto exchanges—liquidity meets institutional demand at scale. Other tech firms watch closely, potentially igniting copycat strategies.
Because nothing says 'financial innovation' like chasing the volatile digital asset that keeps Wall Street analysts awake at night.
Current BTC holdings
The BitcoinTreasuries.NET shows that Next Technology already holds 5,833 Bitcoin worth nearly $672 million, and it was acquired for approximately $183 million. With an average purchase price of $31,386 per coin, the firm is sitting on a 267% paper profit. The company is currently the 15th largest corporate Bitcoin holder, ahead of well-known names like Semler Scientific and GameStop.
Next Technology has often used new share issuances to run its business, settle obligations, and buy assets. For example, in March 2025, it issued over 135 million shares plus warrants to acquire 5,000 bitcoin. If it spends just half of the planned stock sale on Bitcoin, Next Technology could buy another 2,170 BTC at current prices, pushing its stash above 8,000 Bitcoin.
Market impact and the broader trend
Following this news, Next Technology’s share, NXTT, did not perform well. NXTT shares dropped nearly 5% during trading and another 6.46% in after-hours, according to Yahoo Finance.
Next Technology’s latest announcement is part of a growing movement. There are 190 publicly listed companies that hold Bitcoin on their balance sheet. Their collective holdings recently surpassed 1 million BTC, representing more than 5% of the total available supply.
Also Read: Peter Schiff Warns “Bitcoin Is Topping Out” Ahead of Fed Cut
