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Next Technology Holding may sell or pledge 5,833 BTC after Binance hack raises security concerns.

Market News
01 Nov 2026, 01:20 WIB
Bitcoin
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Bearish
Next Technology Holding may sell or pledge 5,833 BTC after Binance hack raises security concerns.

Next Technology Holding, the 18th-largest public corporate bitcoin holder, authorized the sale or pledging of its 5,833 BTC following Binance's major security breach. Although none of its bitcoin was held at Binance, the incident prompted the company to reassess risks related to exchange vulnerabilities, cyberattacks, and future quantum computing threats. The board gave the CEO authority over transaction timing and volume but has not disclosed any completed sales. This move reflects growing caution among corporate bitcoin holders about security and liquidity risks in the crypto market.

Next Technology Holding's 5,833 BTC holdings are under review following the Binance hack, providing context for readers tracking Bitcoin treasury firms. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 01, 2026 04:41 WIB: of 50 priced major cryptocurrencies, 33 rose and 16 fell today. Notable movers include EOS at Rp12.649 (+8.13%), TRX at Rp5.546 (-7.32%) with 81% sell activity, and EGLD at Rp62.418 (+5.64%) with 74% buy activity.

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