The Chinese-listed firm's approval follows a security breach at Binance, raising fresh questions about corporate crypto treasury risk. Next Technology Holding has secured internal approval to
Summary
- CryptoBriefing reported the figure at $450 million, while The Cryptonomist put the approved amount at $449 million.
- The small discrepancy likely reflects rounding or differing valuation snapshots rather than a disputed underlying decision.
- Details of the breach itself were not fully outlined in the available reporting, but its occurrence appears to have directly influenced the board's decision.
- Companies holding significant digital asset reserves often reassess exposure after high-profile security incidents, regardless of whether their own funds were directly affected.
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