📢US stocks are seeing a resurgence of Bitcoin "gamblers"! Stock price skyrocketed by 740% in a single day!
According to BlockBeats, on May 10, the stock price of US company Next Technology Holding Inc soared by 740% on Friday afternoon, closing at $2.7.
The reason is simple: crazy buying of Bitcoin!
As of March 31, 2025, the company holds a staggering 5,833 Bitcoins, with a market value of approximately $481.7 million.
At the end of 2024, this number was only 833.
This increase was mainly completed through financing via the issuance of stocks and warrants in March.
The company's positioning is very direct:
Software development + Bitcoin investment.
Q1 financial report data shows that its net income is $193.4 million, almost entirely from unrealized gains in digital assets.
Is this move a signal of going "ALL IN" on Bitcoin, or a speculative feast in the capital markets?🎲📈
