The board of directors of Nasdaq-listed NXTT authorized the sale or pledging of 5,833 bitcoins.

The board of directors of Nasdaq-listed NXTT has authorized the sale or pledging of approximately 5,833 bitcoins, valued at about $449 million. The company stated that the bitcoins are not held by Binance, and CEO Weihong Liu will decide the timing, price, and size of the transaction. The majority of the company's bitcoins originated from a transaction in March 2025, when it acquired 5,000 BTC for $158.1 million, approximately $31,600 per BTC.