Nasdaq-listed Next Technology may sell $450M in bitcoin over Binance hack and quantum risks

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Next Technology Holding, a Nasdaq-listed company, has authorized the sale of, or loans against, its 5,833 BTC holdings. The company cited security concerns at cryptocurrency exchanges and the potential threat posed by quantum computing as reasons for the move. It stated that none of its bitcoin is held at Binance, the exchange linked to a recent hack. The potential transaction is valued at roughly $450 million.

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