Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Next Technology, a listed company, plans to raise $500 million, with part of the funds used to purchase Bitcoin.
2hours ago

Odaily Planet Daily News: Software-as-a-service provider Yueshang Group, its parent company Next Technology Holding (NASDAQ: NXTT), has submitted a $500 million shelf offering document, and plans to use part of the raised funds to purchase Bitcoin.

The company's current market value is temporarily reported at US$77.1597 million.