CHEYENNE, WY, Oct. 30, 2026 (GLOBE NEWSWIRE) — Next Tech ology Holdi g I c. (NASDAQ: NXTT) (the “Compa y”), a tech ology compa y focused o AI-powe ed softwa e developme t a d digital asset ma ageme t, today a ou ced that its Boa d of Di ecto s (the “Boa d”) u a imously app oved, by w itte co se t effective Octobe 30, 2026, the sale o pledgi g of the Compa y’s Bitcoi holdi gs i o e o mo e t a ches. As of Octobe 30, 2026, the Compa y held app oximately 5,833 Bitcoi . The Boa d dete mi ed that a timely adjustme t of the Compa y’s digital asset positio is i the best i te ests of the Compa y a d its stockholde s, with the aim of educi g isk exposu e a d e ha ci g liquidity.
The Boa d’s actio followed its eview of the secu ity i cide t ece tly epo ted by Bi a ce. The Boa d also co side ed that, i its view, i te atio al hacke attacks, excha ge secu ity vul e abilities a d eme gi g tech ological th eats—i cludi g but ot limited to the pote tial c yptog aphic impact of qua tum computi g—have i c eased the custody a d ma ket isks associated with the Compa y’s Bitcoi holdi gs. No e of the Compa y’s Bitcoi is held o o th ough Bi a ce.
The esolutio s app ove the sale o pledgi g of the Compa y’s Bitcoi holdi gs i o e o mo e t a ches comme ci g o the effective date of the co se t. Such t a sactio s may be effected th ough o e o mo e of the followi g methods: (i) di ect sales o c yptocu e cy excha ges; (ii) block t ades with specific pu chase s; a d (iii) Bitcoi pledgi g a a geme ts fo fi a ci g pu poses, as a alte ative o suppleme t to liquidity ma ageme t.
The Boa d autho ized the Chief Executive Office to dete mi e the timi g, p ice, volume a d t a che schedule of sales; to egotiate a d execute ag eeme ts, docume ts a d i st uctio s with pote tial pu chase s o cou te pa ties i co ectio with block t ades o pledgi g fi a ci gs; a d to take all actio s ecessa y o advisable to co summate such t a sactio s. The Chief Executive Office may delegate such autho ity to se io office s i w iti g.
The esolutio s fu the autho ize each office a d di ecto of the Compa y, seve ally, to take fu the actio s a d to execute, delive o cause to be executed a d delive ed a y fu the docume ts, otices, i st ume ts, ce tificates o ag eeme ts as such office o di ecto may deem ecessa y o desi able to ca y out the t a sactio s co templated by the esolutio s, subject to the p io app oval of the Chief Executive Office o the Boa d. The w itte co se t is effective as of Octobe 30, 2026.
The Compa y emai s focused o its dual-e gi e st ategy of “AI plus digital assets.” Next Tech ology Holdi g I c. was i co po ated i Wyomi g o Ma ch 28, 2019, a d delive s AI-e abled SaaS softwa e desig , developme t a d impleme tatio to i dust ial clie ts ac oss the Asia-Pacific egio a d beyo d. The Compa y’s digital asset holdi gs, i cludi g Bitcoi , may be pledged fo fi a ci g o liquidated fo cash. The e ca be o assu a ce as to the timi g, amou t, p ice o completio of a y sale o pledgi g t a sactio , o that a y fi a ci g will be secu ed.
Fo wa d-Looki g Stateme ts
This a ou ceme t co tai s fo wa d-looki g stateme ts withi the mea i g of Sectio 27A of the Secu ities Act of 1933, Sectio 21E of the Secu ities Excha ge Act of 1934, a d the P ivate Secu ities Litigatio Refo m Act of 1995. These fo wa d-looki g stateme ts i volve k ow a d u k ow isks a d u ce tai ties a d a e based o cu e t expectatio s a d p ojectio s about futu e eve ts a d fi a cial t e ds that the Compa y believes may affect its fi a cial co ditio , esults of ope atio s, busi ess st ategy a d fi a cial eeds. I vesto s ca ide tify these fo wa d-looki g stateme ts by wo ds o ph ases such as “may,” “will,” “expect,” “a ticipate,” “aim,” “estimate,” “i te d,” “pla ,” “believe,” “pote tial,” “co ti ue,” “is/a e likely to” o othe simila exp essio s. Facto s that could cause actual esults to diffe mate ially i clude, amo g othe s: the volatility of the p ice of Bitcoi ; the timi g, p ici g a d volume of a y sale of the Compa y’s Bitcoi , a d the ma ket liquidity a d pote tial p ice impact of such sales; the availability a d te ms of a y fi a ci g secu ed by the Compa y’s Bitcoi , i cludi g collate al equi eme ts, ma gi calls a d the isk of fo ced liquidatio ; cou te pa ty, excha ge a d custody isks, i cludi g secu ity b eaches a d cybe attacks; the tax a d accou ti g co seque ces of a y sale o pledge; cha ges i the egulatio of digital assets; a d the Compa y’s ability to execute its busi ess st ategy followi g a y such t a sactio s. The Compa y u de takes o obligatio to update fo wa d-looki g stateme ts to eflect subseque t eve ts o ci cumsta ces, o cha ges i its expectatio s, except as may be equi ed by law. Although the Compa y believes that the expectatio s exp essed i these fo wa d-looki g stateme ts a e easo able, it ca ot assu e you that such expectatio s will tu out to be co ect, a d the Compa y cautio s i vesto s that actual esults may diffe mate ially f om the a ticipated esults. I vesto s a e e cou aged to eview othe facto s that may affect its futu e esults i the Compa y’s most ece t A ual Repo t o Fo m 10-K, its subseque t Qua te ly Repo ts o Fo m 10-Q a d its othe fili gs with the U.S. Secu ities a d Excha ge Commissio .
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