Next Technology Holding Inc. Announces Second Quarter 2025 Financial Results Driven by Significant Growth in Holding Bitcoin
Next Technology Holding (NASDAQ: NXTT) reported substantial growth in H1 2025, with net income surging 2,373% to $312.0 million from $12.6 million in H1 2024. The company's remarkable performance was primarily driven by its Bitcoin holdings, which increased to 5,833 Bitcoin as of June 30, 2025, up from 833 Bitcoin at the end of 2024.
The company acquired 5,000 Bitcoin through a combination of stock issuance (135,171,078 shares), warrants (294,117,647 shares), and $12.1 million in cash. Other income rose significantly to $395.7 million, a 2,437% increase, mainly due to a $449.0 million gain from Bitcoin's price appreciation. The combined balance of cash and digital assets reached $632.7 million, representing a 701% increase from December 2024.
Next Technology Holding (NASDAQ: NXTT) ha registrato una crescita rilevante nel primo semestre 2025, con il reddito netto che è salito del 2.373% attestandosi a $312.0 million rispetto a $12.6 million nel primo semestre 2024. La performance è stata trainata principalmente dalle partecipazioni in Bitcoin, salite a 5,833 Bitcoin al 30 giugno 2025, rispetto ai 833 Bitcoin di fine 2024.
L'azienda ha acquisito 5.000 Bitcoin tramite una combinazione di emissione di azioni (135,171,078 azioni), warrant (294,117,647 azioni) e $12.1 million in contanti. Gli altri proventi sono aumentati considerevolmente a $395.7 million, un incremento del 2.437%, principalmente grazie a una plusvalenza di $449.0 million derivante dall'apprezzamento del prezzo del Bitcoin. La somma di liquidità e attività digitali ha raggiunto $632.7 million, segnando un aumento del 701% rispetto a dicembre 2024.
Next Technology Holding (NASDAQ: NXTT) reportó un crecimiento sustancial en el primer semestre de 2025, con el ingreso neto que se disparó 2,373% hasta $312.0 million desde $12.6 million en el primer semestre de 2024. El desempeño destacado de la compañía fue impulsado principalmente por sus tenencias de Bitcoin, que aumentaron a 5,833 Bitcoin al 30 de junio de 2025, desde 833 Bitcoin a finales de 2024.
La compañía adquirió 5,000 Bitcoin mediante una combinación de emisión de acciones (135,171,078 acciones), warrants (294,117,647 acciones) y $12.1 million en efectivo. Otros ingresos aumentaron significativamente hasta $395.7 million, un incremento del 2,437%, principalmente debido a una ganancia de $449.0 million por la apreciación del precio del Bitcoin. El saldo combinado de efectivo y activos digitales alcanzó $632.7 million, lo que representa un aumento del 701% respecto a diciembre de 2024.
Next Technology Holding (NASDAQ: NXTT)� 2025� 상반기에 � 성장� 보였으며, 순이익이 2024� 상반기의 $12.6 million에서 2,373% 증가� $312.0 million으로 급증했습니다. 이러� 뛰어� 성과� 주로 비트코인 보유� 증가� 기인했으�, 보유량은 2025� 6� 30� 기준 5,833 비트코인으로 2024� 말의 833 비트코인에서 확대되었습니�.
회사� 5,000 비트코인� 주식 발행(135,171,078�), 워런�(294,117,647�) � $12.1 million� 현금으로 취득했습니다. 기타 수익은 비트코인 가� 상승� 따른 $449.0 million� 평가이익 등으� 크게 늘어 $395.7 million� 기록하며 2,437% 증가했습니다. 현금 � 디지� 자산� 합계� $632.7 million� 달해 2024� 12� 대� 701% 증가했습니다.
Next Technology Holding (NASDAQ: NXTT) a affiché une croissance marquée au premier semestre 2025, le résultat net ayant bondi de 2 373% à $312.0 million, contre $12.6 million au premier semestre 2024. Cette performance remarquable tient principalement à ses avoirs en Bitcoin, qui s'élevaient à 5,833 Bitcoin au 30 juin 2025, contre 833 Bitcoin fin 2024.
La société a acquis 5 000 Bitcoin via une combinaison d'émission d'actions (135,171,078 actions), de warrants (294,117,647 actions) et $12.1 million en numéraire. Les autres revenus ont fortement augmenté pour atteindre $395.7 million, soit une hausse de 2 437%, principalement en raison d'un gain de $449.0 million lié à l'appréciation du prix du Bitcoin. Le total de la trésorerie et des actifs numériques a atteint $632.7 million, soit une hausse de 701% par rapport à décembre 2024.
Next Technology Holding (NASDAQ: NXTT) verzeichnete im ersten Halbjahr 2025 ein deutliches Wachstum: Der Nettogewinn stieg von $12.6 million im ersten Halbjahr 2024 um 2.373% auf $312.0 million. Treibende Kraft der starken Entwicklung waren die Bitcoin-Bestände des Unternehmens, die zum 30. Juni 2025 auf 5,833 Bitcoin anwuchsen, nach 833 Bitcoin Ende 2024.
Das Unternehmen erwarb 5.000 Bitcoin durch eine Kombination aus Aktienausgabe (135,171,078 Aktien), Warrants (294,117,647 Aktien) und $12.1 million in bar. Sonstige Erträge stiegen deutlich auf $395.7 million, ein Anstieg von 2.437%, hauptsächlich aufgrund eines Gewinns von $449.0 million aus der Wertsteigerung von Bitcoin. Die Summe aus Bargeld und digitalen Vermögenswerten erreichte $632.7 million, was einem Anstieg von 701% gegenüber Dezember 2024 entspricht.
- None.
- Significant shareholder dilution through issuance of 135.2M shares and 294.1M warrants
- General and administrative expenses increased due to higher litigation-related legal fees
- Heavy dependence on Bitcoin price volatility for financial performance
Insights
NXTT's Bitcoin strategy yielded 2,373% net income growth, with holdings increasing to 5,833 BTC, though significant dilution occurred through share issuance.
Next Technology Holding Inc.'s H1 2025 results demonstrate a dramatic transformation through its Bitcoin acquisition strategy. The company reported
The company significantly expanded its Bitcoin holdings from 833 to 5,833 BTC during the period, representing a
While Bitcoin's
The balance sheet now shows
This earnings report reveals NXTT has effectively transformed into a Bitcoin holding company with a minimal operational business. While the Bitcoin strategy has generated impressive paper gains in a rising market, the company's extreme concentration in a single volatile asset and significant shareholder dilution represent substantial risks that investors should carefully consider.
CHEYENNE, Wyo., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Next Technology Holding Inc. (“NXTT� or the “Company�) (NASDAQ: NXTT), a technology firm committed to delivering AI-enabled software development services and strategic Bitcoin acquisition, today announced its financial results for the six-month period ended June 30, 2025.
H1 2025 Financial Highlights
- Net income was US
$312.0 million for the six months ended June 30, 2025, representing an increase by 2,373% from US$12.6 million in the comparable 2024 period. The increase in net income is mainly due to fair value gain from digital assets during the period. - Other income for the six months ended June 30, 2025 was US
$395.7 million , representing an increase by 2,437% from US$15.6 million in the comparable 2024 period, primarily driven by a $$449.0 million gain from the increase in Bitcoin’s price since the Company’s acquisition of such Bitcoin. - Combined balance of cash and cash equivalents and digital assets was US
$632.7 million as of June 30, 2025, representing an increase by701% from US$79.0 million as of December 31, 2024.
“We are extremely pleased with our performance in the first half of 2025, which highlights the strength of our diversified business model and our successful execution of both our software development and Bitcoin acquisition strategies,� saidWeihong Liu, CEO of Next Technology Holding Inc. “Our AI-enabled software development services continue to gain traction, providing valuable solutions to our clients. Simultaneously, our strategic approach to acquiring and holding Bitcoin has resulted in significant value creation for our shareholders, driven by favorable market conditions and our disciplined accumulation strategy.�
“Looking ahead, Next Technology Holding Inc. remains committed to identifying opportunities for growth across both business segments. We will continue to leverage our expertise in software development to deliver innovative solutions, while prudently managing and expanding our Bitcoin holdings, viewing it as a long-term store of value and a potential hedge against inflation. Our strategy to acquire Bitcoin with excess liquid assets and through judicious capital raising activities will remain a core focus, as we believe in Bitcoin’s potential for long-term appreciation with increasing global adoption.�
H1 2025 Operational Highlights
Company’s total Bitcoin holdings increased to 5,833 Bitcoin as of June 30, 2025, compared with 833 Bitcoin as of December 31, 2024.
- Company successfully acquired 5,000 Bitcoin in exchange for the issuance of 135,171,078 shares of common stock of the Company, the issuance of warrants to purchase 294,117,647 shares of common stock of the Company, and
$12,125,500 in cash. - Bitcoin’s price surged
15.3% in the first six months of 2025, demonstrating strong growth.
Half year 2025 Financial Review
- Operating Expenses
For the six-month period ended June 30, 2025 and 2024, general and administrative expenses were$705,820 and$675,144 , respectively. The increase was primarily driven by higher litigation-related legal fees. - Other income
For the six-month period ended June 30, 2025 and 2024, other income were$395,661,456 and$15,595,778 , respectively, which was mainly due to fair value gain from digital assets during the period. - Net Income
For the six-month period ended June 30, 2025 and 2024, there was a net income of$312,014,952 and$12,619,286 for the period ended June 30, 2025 and 2024, respectively. The increase in net income is mainly due to fair value gain from digital assets during the period.
About Next Technology Holding Inc.
Incorporated in Wyoming on March 28, 2019, Next Technology Holding Inc. is a technology company built on a dual-engine strategy of “AI plus digital assets.� The Company delivers AI-enabled SaaS software design, development and implementation to industrial clients across the Asia-Pacific region and beyond. Holdings may also be pledged for financing, partially liquidated for cash, or leveraged to generate additional income streams. The Company believes Bitcoin’s finite supply positions it for long-term appreciation as global adoption grows and as a potential hedge against inflation.
For more information, please visit
Forward-Looking Statements
This press release may include statements that may constitute “forward-looking statements,� including statements containing the words “may,� “believe,� “estimate,� “project,� “expect,� “will,� or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of Next Technology Holding Inc. (Company) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: fluctuations in the market price of bitcoin and any associated unrealized gains or losses on digital assets that the Company may record in its financial statements as a result of a change in the market price of bitcoin from the value at which the Company’s bitcoins are carried on its balance sheet; gains or losses on any sales of bitcoins; changes in the accounting treatment relating to the Company’s bitcoin holdings; changes in securities laws or other laws or regulations, or the adoption of new laws or regulations, relating to bitcoin that adversely affect the price of bitcoin or the Company’s ability to transact in or own bitcoin; the impact of the availability of spot exchange traded products and other investment vehicles for bitcoin and other digital assets; a decrease in liquidity in the markets in which bitcoin is traded; security breaches, cyberattacks, unauthorized access, loss of private keys, fraud or other circumstances or events that result in the loss of the Company’s bitcoins; fluctuations in tax benefits or provisions; competitive factors; general economic conditions, including levels of inflation and interest rates; currency fluctuations; and other risks detailed in the Company’s registration statements and periodic and current reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this release.
For investor inquiries, please contact:
[email protected]
For general inquiries, please contact:
[email protected]
NEXT TECHNOLOGY HOLDING INC. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(LOSS) (All amounts shown in U.S. Dollars, except share data) (Unaudited) | ||||||||||||||||
For the Three Months Ended June 30, | For the Six Months Ended June 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Operating expenses: | ||||||||||||||||
General and administrative expense | (255,962 | ) | (344,999 | ) | (705,820 | ) | (675,144 | ) | ||||||||
Total operating expenses | (255,962 | ) | (344,999 | ) | (705,820 | ) | (675,144 | ) | ||||||||
Loss from operations | (255,962 | ) | (344,999 | ) | (705,820 | ) | (675,144 | ) | ||||||||
Other income (loss) | 150,350,300 | (8,423,621 | ) | 395,661,456 | 15,595,778 | |||||||||||
Income (loss) before income taxes | 150,094,338 | (8,768,620 | ) | 394,955,636 | 14,920,634 | |||||||||||
Income tax (expenses) benefits | (31,519,811 | ) | 1,841,411 | (82,940,684 | ) | (2,301,348 | ) | |||||||||
Net income (loss) from continuing operation | $ | 118,574,527 | $ | (6,927,209 | ) | $ | 312,014,952 | $ | 12,619,286 | |||||||
Net comprehensive income (loss) per share, basic and diluted fromcontinuing operation | $ | 0.27 | $ | (0.99 | ) | $ | 1.16 | $ | 2.74 | |||||||
Weighted-average shares outstanding, basic and diluted | 436,265,135 | 6,976,410 | 267,870,110 | 4,609,505 |
NEXT TECHNOLOGY HOLDING INC. CONDENSED CONSOLIDATED BALANCE SHEETS (All amounts shown in U.S. Dollars, except share data) (Unaudited) | ||||||||
As of June 30, 2025 | As of December31, 2024 | |||||||
(Audited) | ||||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 668,387 | $ | 668,387 | ||||
Digital assets | 632,067,553 | 78,322,430 | ||||||
Accounts receivable, net | 540,000 | 1,800,000 | ||||||
Prepayments | - | 12,125,500 | ||||||
Total current assets | 633,275,940 | 92,916,317 | ||||||
Total assets | $ | 633,275,940 | $ | 92,916,317 | ||||
LIABILITIES AND STOCKHOLDERS� EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | - | $ | 730,000 | ||||
Amount due to related parties | 278,666 | 972,000 | ||||||
Income tax payable | 130,415 | 130,415 | ||||||
Other payable | 2,090,491 | 1,221,337 | ||||||
Total current liabilities | 2,499,572 | 3,053,752 | ||||||
Non-current liabilities: | ||||||||
Deferred tax liabilities | 91,175,187 | 8,234,503 | ||||||
Total non-current liabilities | 91,175,187 | 8,234,503 | ||||||
Total liabilities | $ | 93,674,759 | $ | 11,288,255 | ||||
Stockholders� Equity: | ||||||||
Common stock | 217,676,957 | 71,718,790 | ||||||
Retained earnings | 321,924,224 | 9,909,272 | ||||||
Total Stockholders� Equity | $ | 539,601,181 | $ | 81,628,062 | ||||
Total Liabilities and Stockholders� Equity | $ | 633,275,940 | $ | 92,916,317 |
