---
schema_version: "secwatch.filing_event.v1"
accession: "0001099910-24-000211"
form_type: "8-K"
ticker: "NXTT"
cik: "0001784970"
company_name: "Next Technology Holding Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:17:48.139325+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Next Technology to issue 40M shares & 80M warrants for 5,000 BTC; signs option for 20,000 BTC at $60k

## Summary
- Amended BTC contract: purchase 5,000 BTC at $30k each ($150M) paid with 40M common shares and 80M warrants.
- Warrants: exercise price $2.60, exercisable from May 2, 2024 to May 2, 2029.
- New Bitcoin Option Contract: right to buy up to 20,000 BTC at $60k/BTC, locked for 3 years.
- Option payments can be made in cash or common stock; up to 10% cash prepayment if agreed.
- Securities issued in amendment are unregistered, relying on exemption under Securities Act.

## SEC filing metadata
- accession: 0001099910-24-000211
- form_type: 8-K
- ticker: NXTT
- cik: 0001784970
- company_name: Next Technology Holding Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1784970/000109991024000211/0001099910-24-000211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1784970/000109991024000211/nxtt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001099910-24-000211
- JSON: https://secwatch.observer/filing/0001099910-24-000211.json
- Plain text: https://secwatch.observer/filing/0001099910-24-000211.txt

## Key facts
- Material Agreements
  Next Technology Holding Inc. entered into Bitcoin Option Contract with Seller valued at Company may purchase up to 20,000 BTC at US$60,000 per BTC, locked for three years, with payment in (effective 2024-05-02).
  - Action: entry
  - Counterparty: Seller
  - Value: Company may purchase up to 20,000 BTC at US$60,000 per BTC, locked for three years, with payment in
  - Effective: 2024-05-02
  source text: T Cover a 12-month period from a specified seller (“Seller”). As of the signing date of the Amendment, the Company had purchased
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784970/000109991024000211/0001099910-24-000211-index.htm
- Material Agreements
  Next Technology Holding Inc. amended Amendment Agreement to BTC Trading Contract with Seller valued at Consideration consists of 40,000,000 shares of common stock and 80,000,000 warrant shares; total BTC (effective 2024-05-02).
  - Action: amendment
  - Counterparty: Seller
  - Value: Consideration consists of 40,000,000 shares of common stock and 80,000,000 warrant shares; total BTC
  - Effective: 2024-05-02
  source text: On May 2, 2024, Next Technology Holding Inc. (formerly known as WeTrade Group Inc.), a Wyoming corporation (“Company”), entered into an Amendment Agreement(“Amendment”) to a BTC Trading Contract.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1784970/000109991024000211/0001099910-24-000211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
