Reported 4 months ago
Next Technology Holdings saw its stock soar for the second consecutive day after revealing it holds 5,833 bitcoins, including 5,000 acquired since last year. The company's significant investment in bitcoin, valued at approximately $481.7 million, is seen as a long-term strategy to enhance value and combat inflation. Following the announcement and a recent surge in bitcoin prices, shares increased by 661% on Friday and another 47% on Monday morning.
Source: YAHOO