BEARISH 62 Bitcoin.com News 1H ago · 1 min read

Binance Hack Jolts Bitcoin Treasury Firm Into Weighing BTC Sales

AI summary

Next Technology Holding, the 18th-largest public corporate bitcoin holder, has authorized selling or pledging its roughly 5,833 BTC after Binance's major security incident. The firm says none of its bitcoin sits at Binance, but it cited exchange vulnerabilities, international cyberattacks and quantum computing as reasons for the move. A corporate holder openly weighing BTC sales after an exchange hack signals weakening institutional conviction, a bearish headline risk for bitcoin.

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2 linked stories · 3 outlets · since 31 Oct

1H AGO

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Binance Hack Jolts Bitcoin Treasury Firm Into Weighing BTC Sales

Bitcoin.com News · Score 62
10H AGO

Next Technology Holding may sell $450M in Bitcoin after Binance hack

Crypto Briefing · Score 65 · via $450M, sell $450M
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CoinDesk · Score 55 · via 5,833, Binance hack

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