Next Technology Holding Inc. (NASDAQ: NXTT) will implement a 200-for-1 reverse stock split effective September 16, reducing its outstanding shares from approximately 566 million to 2.83 million. The shares will trade under the new CUSIP number 961884301 on Nasdaq, with no fractional shares generated. The company's authorized share capital and par value remain unchanged, and shareholders need not take any action as the change will be automatically reflected in their accounts. In its recent quarterly report, Next Technology reported net revenue of $312 million for the first half of 2025, marking a 2,373% increase year-over-year, largely due to fair value gains on digital assets. The company expanded its Bitcoin holdings from 833 to 5,833, acquiring 5,000 Bitcoins through share issuance and cash payments. As of June 30, the company's cash and digital assets totaled approximately $633 million.