11:15 AM EDT, 09/16/2025 (MT Newswires) -- Next Technology ( NXTT ) shares were down about 16% in recent Tuesday trading, a day after the company said in a regulatory filing that it planned to offer and sell up to $500 million of its common shares from time to time.

The company intends to use the net proceeds for general corporate purposes, including bitcoin acquisition, Next Technology ( NXTT ) said in its Form S-3 filed with the US Securities and Exchange Commission.

Next Technology ( NXTT ) currently holds 5,833 bitcoins, according to BitcoinTreasures.net.

Price: 24.20, Change: -4.60, Percent Change: -15.97