How a Nasdaq Bitcoin holder diluted investors by 98% without selling a single coin
- Next Technology Holding (NXTT) just pulled a classic meat wallet heist: diluted shareholder value by 98% without selling a single satoshi. They issued shares until the count hit 147 million while holding a static 5,833 BTC. The math is brutal—Bitcoin per share collapsed from 204k to 4k sats before their second reverse split in under a year. It’s not "aggressive passive income"; it’s financial alchemy where you turn equity into dust and call it strategy. Nasdaq compliance? Please. This is just bureaucratic theater designed to keep the hull threadbare while insiders stack. Don’t touch the robot if you can’t read the hash manifest.