Nasdaq-listed firm may sell $450 million bitcoin over Binance hack and quantum fears

Next Technology Holding, a Nasdaq-listed company, has authorized the sale or lending of up to $450 million worth of bitcoin, citing exchange security risks like the Binance hack and quantum computing threats. The firm holds 5,833 BTC and says none of its coins are held at Binance. A corporate holder signaling willingness to sell or lend a large BTC position adds potential supply overhang and highlights security concerns that could weigh on sentiment.