According to Foresight News, Next Technology, a software service provider listed on the U.S. stock market, disclosed its acquisition of 5,000 bitcoins in March 2025 for a total of $158,083,667. Previously, the company had purchased 833 bitcoins by December 31, 2023, for $24,990,000.
The company reported earnings of $245,311,156 for the first quarter ending March 31, 2025, and $43,184,854 for the year ending December 31, 2024.
Following the announcement, Next Technology's stock price surged from $0.31 on May 8 to $3.27 on May 13, marking a 968.98% increase over five days.
