[Publicly Listed Company Next Technology, Which Acquired 5,000 Bitcoins in the First Half of the Year, to Implement a 200-to-1 Reverse Stock Split] According to GlobeNewswire, Next Technology Holding Inc. (NASDAQ: NXTT) announced that it will implement a 200-to-1 reverse stock split on September 16, reducing the company’s outstanding shares from approximately 566 million to about 2.83 million shares. After the split, the stock will trade on Nasdaq under the adjusted price with the new CUSIP number 961884301, with no fractional shares issued. The company’s authorized share capital and par value will remain unchanged, and shareholders do not need to take any action as the changes will be automatically reflected in their accounts. Last month, Next Technology Holding Inc. reported in its quarterly earnings that net income for the first half of 2025 reached $312 million, a year-over-year increase of 2,373%, primarily driven by gains in the fair value of digital assets. The company’s Bitcoin holdings increased from 833 BTC at the end of last year to 5,833 BTC, with 5,000 BTC acquired during the period through a combination of share issuance and cash payments. As of June 30, the company’s combined cash and digital assets totaled approximately $633 million.