Financial Insights That Matter
Shares of Next Technology Holding Inc NXTT surged by 706% to $2.50 on Friday afternoon, driven by an extremely large spike in trading volume over the company’s Bitcoin BTC/USD assets.
Friday’s session volume exploded to 152.165 million shares, dwarfing the 100-day average volume of just 524,333 shares.
What To Know: Fueling the rally was the company’s latest disclosure revealing it held approximately 5,833 Bitcoins as of March 31, 2025, with a carrying value of $481.7 millionup from just 833 Bitcoins at the end of 2024. This increase was largely tied to a major crypto acquisition executed in March, which was financed through stock issuance and warrants.
Next Technology, which has dual business focuses in software development and Bitcoin investment, also reported $193.4 million in net income for the first-quarter—almost entirely from unrealized gains on digital assets.
With seemingly little traditional revenue and limited cash on hand, the company’s stock price Friday appears to be riding the momentum of its crypto-centric strategy.
Read Also: Clover Health Stock Soars This Week On Q1 Profitability, Up 320% Over Past Year
How To Buy NXTT Stock
By now you’re likely curious about how to participate in the market for Next Technology Holding – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
If you’re looking to bet against a company, the process is more complex. You’ll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
According to data from Benzinga Pro, NXTT has a 52-week high of $6.00 and a 52-week low of $0.22.
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