Nasdaq-Listed Firm Considers Selling $450 Million in Bitcoin Over Binance Hack and Quantum Concerns
Key Highlights: Japan-based software firm Next Technology Holding (NXTT), valued at roughly $7.8 million, has authorized the sale or borrowing against its roughly 5,833 Bitcoin reserve worth nearly $450 million. The board initiated the review following the recent Binance security breach, also citing general exchange vulnerabilities and long-term quantum computing risks to Bitcoin’s cryptographic foundations. ...