📢U.S. Stocks Witness Bitcoin 'Gambler' Again! Stock Price Soars 740% in a Single Day!
According to BlockBeats, on May 10, shares of U.S. company Next Technology Holding Inc skyrocketed 740% on Friday afternoon, closing at $2.7.
The reason is simple: madly buying Bitcoin!
As of March 31, 2025, the company holds a staggering 5,833 Bitcoins, with a market value of approximately $481.7 million.
By the end of 2024, this number was only 833.
This wave of acquisition was mainly completed through financing from the issuance of stocks and warrants in March.
The company's positioning is straightforward:
Software Development + Bitcoin Investment.
Q1 financial report shows its net income is $193.4 million, almost entirely from unrealized gains in digital assets.
Is this move a signal of 'ALL IN' on Bitcoin, or a speculative feast in the capital markets?🎲📈
