Next Technology Holding, the 18th-largest publicly traded corporate bitcoin holder at press time, has authorized the sale or pledging of its approximately 5,833 BTC following Binance’s major security...
Summary
- Next Technology Holding, the 18th-largest publicly traded corporate bitcoin holder at press time, has authorized the sale or pledging of its approximately 5,833 BTC following Binance’s major security incident.
- The company’s decision reflects mounting concerns about exchange vulnerabilities, international cyberattacks, and quantum computing.
- Although none of its bitcoin is held at Binance, the company is preparing to reduce exposure or tap its holdings for financing.
- Next Technology cited hacking threats and quantum computing risks, but disclosed no completed bitcoin sales.
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