Next Technology Holding, a US listed company, intends to issue up to US$500 million in common shares, with the purpose of purchasing Bitcoin

According to ChainCatcher, according to the US SEC announcement, Next Technology Holding Inc. (NXTT), a US listed company, has submitted an S-3 registration statement to the US Securities and Exchange Commission, intending to issue up to $500 million in common shares through the shelf registration procedure. The company plans to use the funds raised for general corporate purposes, including working capital, R&D expenditure, potential mergers and acquisitions, and the acquisition of Bitcoin, etc. The specific purpose has not been finalized.