Next Technology Holding (NXTT), a Nasdaq-listed company, has received unanimous board approval to sell or use as collateral approximately 5,833 bitcoin it holds.
The company said the decision is intended to reduce risks associated with holding bitcoin and improve liquidity. The resolution takes effect on October 30.
The CEO is authorized to sell the bitcoin in batches or use it as collateral. The amount and timing of any sales have not been determined; the resolution does not mean that all of the bitcoin held by the company will be sold.
Source: https://tintucbitcoin.com/next-technology-du-dinh-ban-hoac-cam-co-5-833-btc/
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