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The next technology, in a regulatory filing last week, reported that it held 5,833 Bitcoin, of which 5,000 have been purchased since the end of last year.
The next Technology Holdings share took off in its second straight session on Monday after software service providers and Bitcoin buyers reported that cryptocurrency holdings had jumped.
The company has added 5,000 Bitcoins to its portfolio since the end of last year, giving it 5,833.
Next Technology said it plans to continue its acquisition of Bitcoin. Bitcoin is likely to increase in value and believes it will help offset inflation in the long term.
The following shares of technology held (NXTT) took off in their second straight session on Monday after software service providers and Bitcoin buyers reported that their cryptocurrency holdings had jumped.
The next technology, in a regulatory filing last week, reported that it held 5,833 Bitcoin, of which 5,000 have been purchased since the end of last year. As of March 31, the Bitcoin portfolio was worth $481.7 million, and it paid $183.1 million to buy.
The company said its Bitcoin investments are considered “as long-term holdings” and it expects to continue to acquire them. It added that it “is not setting a specific target” for the number of Bitcoins it is trying to hold, and that it will continue to monitor the market situation as it decides whether it will engage in additional funding in order to make more purchases.”
The following technology explained that Bitcoin “provides an opportunity to value its value when adoption increases and can serve as a hedge against inflation in the long term.”
The next technology rose 661% on Friday, sharing an additional 80% when deals opened on Monday morning. They were also boosted by recent stages of Bitcoin prices that have led to them being traded above $104,000. Today’s movement has brought inventory from negative to positive territory for 2025.
Another company that has seen stocks fly higher due to bitcoin-related news is MD, a healthcare provider (kdly) and on Monday it rose 475% to $4.22 after announcing a merger with Bitcoin native holding company Nakamoto Holdings to launch the Bitcoin Treasury strategy. Nakamoto was founded by David Bailey, President Donald Trump’s leading cryptocurrency advisor.
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