bitcoinFeature
Nasdaq firm may sell $450 million Bitcoin citing hack, quantum fears
Next Technology Holding is reportedly moving to sell or borrow against its substantial holdings of 5,833 BTC.
The company pointed to concerns surrounding exchange security and the looming threat of quantum computing when approving these actions.
It is important to note that Next Technology Holding confirmed that none of its Bitcoin assets are currently stored on the Binance platform.
This potential divestment comes amidst broader market anxieties, including the recent Binance hack.
The Nasdaq-listed entity is citing these security and technological risks as the impetus for considering the sales or loans.
