Next Technology Holding Inc. Announces Board Authorization to Sell or Pledge of Bitcoin Holdings to Reduce Bitcoin Exposure and Enhance Liquidity

Next Technology Holding Inc.'s Board unanimously approved the sale or pledging of its approximately 5,833 Bitcoin holdings in tranches to reduce risk exposure and enhance liquidity. The decision was driven by concerns over exchange security vulnerabilities, international hacker attacks, and emerging technological threats including quantum computing risks. The CEO has been authorized to determine timing, pricing, and execution methods for these transactions.