A $449 Million Bitcoin Treasury Just Became a Corporate Escape Hatch

By Isaac • October 31, 2026 7:08 pm •

A small Nasdaq-listed software company has given itself permission to make a very large move with its Bitcoin treasury.

Next Technology Holding’s board authorized CEO Weihong Liu to sell Bitcoin, arrange private transactions, or borrow against the company’s reported 5,833 BTC. At the roughly $77,000 price used in the report, that stack was worth about $449 million.

That does not mean a sale is underway. It means management now has an escape hatch—and the size of it is hard to ignore.

CoinDesk reports that the board’s authorization covers exchange sales, privately negotiated trades and Bitcoin-backed financing. Liu will decide the timing, price and size of any transaction, and the company explicitly said there is no assurance