China’s Next Technology Eyes Bigger Bitcoin Bet With $500M Stock Sale

Hello friends,
As you all know, I keep bringing you the latest news from the crypto and blockchain world. Today while doing some research, I came across a very exciting update that I think many of you will love .

A Bold Move to Expand Reserves

China’s Next Technology Holding has set its sights on expanding its already large Bitcoin treasury. The company recently filed with the U.S. Securities and Exchange Commission (SEC) to raise as much as $500 million through a new common stock offering. According to the filing, part of the proceeds could go directly toward purchasing more Bitcoin.

Current Bitcoin Holdings and Gains

Next Technology already sits among the notable corporate holders of BTC. The company owns about 5,833 Bitcoin, purchased at an average price of $31,386 per coin. At today’s prices, that stash is worth roughly $676 million, representing a gain of nearly 270%. This single holding is far greater than the company’s own market cap of around $82 million.

If the fundraising goes through successfully, Next Technology’s position on the list of top corporate Bitcoin holders could rise significantly. At present, it ranks 15th globally.

A Flexible Treasury Strategy

The firm made clear that it does not have a fixed target for how much Bitcoin it wants to accumulate. Instead, it plans to continue buying opportunistically. Some of its holdings may be sold when needed for corporate expenses, tax purposes, or even used as collateral for financing. Still, the overall strategy is clear: Bitcoin remains central to the company’s vision.

At least five China-linked firms now appear in the top 100 corporate Bitcoin holders. For example, Cango controls about 5,400 BTC, while Nano Labs holds close to 1,000 BTC. Together with Next Technology, they form a growing wave of Chinese companies adding Bitcoin to their balance sheets, often quietly but steadily.

The Bigger Picture: Public Companies and Bitcoin

Next Technology’s move fits into a much larger story. Publicly traded companies collectively now hold more than 1.01 million BTC. Leading the charge is Strategy (formerly MicroStrategy), which recently added another 6,528 BTC, bringing its total to around 639,000 BTC. Meanwhile, MARA Holdings has grown its holdings to more than 52,000 BTC, making it the second-largest public holder.

What This Means Going Forward

The plan by Next Technology shows how corporate adoption of Bitcoin continues to expand, even from places where crypto regulations are tight. For investors watching the space, the company’s latest filing highlights two things: the growing role of institutional buyers and the global reach of Bitcoin as a corporate reserve asset.

Whether the $500 million stock offering succeeds or not, one thing is clear — Next Technology is positioning itself to play a bigger role in Bitcoin’s story.