PANews reported on March 27 that Next Technology Holding Inc. (NASDAQ: NXTT) announced the completion of its previously disclosed registered direct offering of approximately $157 million. The offering consisted of 71,381,818 ordinary shares at $1.10 per share, and prepaid warrants to purchase up to 71,381,818 ordinary shares at $1.099 per warrant. The transaction closed on March 26. The company stated that its business is driven by a dual engine of "AI + digital assets," and its holdings of digital assets such as Bitcoin can be used for collateralized financing, partial monetization, or to generate additional returns. The company believes that the limited supply of Bitcoin supports its long-term appreciation potential and inflation-hedging potential.
Next Technology Holding completes approximately US$157 million registered direct offering financing.
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Author: PA一线
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