China Takes a Strong Position on Bitcoin
Next Technology Holding, China’s largest public company holding Bitcoin, has announced plans to sell ordinary shares worth up to $500 million. The objective: Using the raised funds to acquire more BTC and finance other corporate initiatives.
With 5,833 BTC currently valued at approximately $672 million, Next Technology already ranks as the 15th largest corporate Bitcoin holder worldwide. If the company allocates even half of the $500 million to purchase BTC, it could add another 2,170 Bitcoin to its portfolio, exceeding 8,000 BTC in total holdings.
Next Technology isn’t the only company turning to Bitcoin as a strategic asset. Many other corporations, such as Strategy and MARA Holdings, have also substantially increased their BTC holdings in recent months. Internationally, players like Metaplanet in Japan and Bullish in the United States are pursuing even more ambitious goals, targeting 210,000 and 105,000 BTC respectively by 2027.
This accumulation wave is fueling speculation about a potential supply shock. With only 5.2% of the total Bitcoin supply yet to be mined, increased corporate demand could trigger a significant price surge. Some analysts believe prices could reach historic highs in the coming years.
BTC: A Market Catalyst?
Next Technology’s announcement comes at a time when the number of listed companies holding Bitcoin has nearly doubled in 2025, now reaching 190 companies with a combined total of over 1 million BTC, representing more than 5% of the total supply.
Beyond giants like Strategy, MARA Holdings, and Bullish, new players are also emerging, such as XXI, founded by Strike CEO Jack Mallers, which has already accumulated 43,514 BTC. This trend reflects the growing recognition of Bitcoin as both a safe-haven asset and a source of long-term yield for corporations.
Although Next Technology hasn’t set a specific Bitcoin target, its decision to raise funds for further acquisitions demonstrates that corporate demand for this cryptocurrency shows no signs of weakening. With limited supply and continuously growing demand, analysts expect Bitcoin prices to continue climbing in the years ahead.
