Next Technology Holding (NASDAQ: NXTT) said it filed for a shelf registration that would let the company offer up to $500 million of common stock, and reports say some of the money could be used to buy more Bitcoin . According to the filing, the move gives the company flexibility to raise cash over time.
Company Plans And Holdings
Based on reports and regulatory filings , Next Technology records show it holds 5,833 BTC. The company’s March 2025 10-Q lists a book value for its Bitcoin holdings of roughly $480 million.
The shelf registration itself does not force an immediate sale of shares, but it does allow NXTT to sell stock when management chooses and market conditions look right.
Investors Reacted Quickly To Past Moves
NXTT’s strategy of using corporate cash to build a Bitcoin