Listen: the breakdown Market briefing: Next Technology, an $8 million Nasdaq shell in Japan, authorized selling or borrowing against $450 million in Bitcoin, citing the Binance hack and quantum risk. BTC...
Summary
- s board authorized selling or borrowing against roughly 5,833 BTC, worth about $450 million. The company
- Listen: the breakdown Market briefing: Next Technology, an $8 million Nasdaq shell in Japan, authorized selling or borrowing against $450 million in Bitcoin, citing the Binance hack and quantum risk.
- The company's own equity is worth around $8 million, roughly 56 times smaller than the stash.
- An $8 million company just cleared itself to sell or pledge $450 million in Bitcoin, blaming the Binance hack and quantum fears.
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