Next Technology Holding Board Approves Sale of Up to $450M in Bitcoin After Binance Hack

Next Technology Holding has secured internal approval to potentially liquidate a large portion of its Bitcoin treasury. CryptoBriefing reported the figure at $450 million, while The Cryptonomist put the approved amount at $449 million. The small discrepancy likely reflects rounding or differing valuation snapshots rather than a disputed underlying decision. The approval comes in the wake of a hack targeting Binance, one of the world's largest cryptocurrency exchanges. Details of the breach itself were not fully outlined in the available reporting, but its occurrence appears to have directly influenced the board's decision.