#BTC
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Next Technology Holding to raise $500M for Bitcoin purchases
Next Technology Holding, a Chinese company listed on NASDAQ, is considering a stock issuance of up to $500M, with part of the proceeds earmarked for additional BTC purchases. The firm has already accumulated a significant amount of Bitcoin on its corporate balance sheet and intends to continue expanding its reserves. 
Bitcoin ETFs see $2.34B in weekly inflows from September 8 to 12
Spot Bitcoin ETFs in the U.S. recorded weekly inflows of $2.34B as of Sept. 12, 2025, according to SoSoValue. Assets under management (AUM) for these funds climbed to $153.18B, while BTC traded around $116,632.51 at the time of reporting. 
David Bailey: altcoin DATs "toxic," Bitcoin banking is future
Nakamoto Holdings CEO David Bailey said the “treasury sector” is being tested by toxic financing and “failed altcoins rebranded as DATs.” He argued that true bitcoin treasury firms are evolving into “Bitcoin banks” – balance‑sheet businesses that monetize BTC – drawing sharp pushback on X. 
Bitwise CIO: ‘Solana season’ set up by ETFs and treasury buys
Bitwise CIO Matt Hougan says the same mix that powered BTC and ETH – spot ETP inflows plus corporate treasury demand – is now forming around Solana, with SEC decisions on spot SOL ETFs due by Oct. 10 and a $1.65B treasury vehicle gearing up to buy and stake. 
Chinese public company invests in BlackRock BTC and Ethereum ETFs
China Financial Leasing Group, a Hong Kong–listed company, disclosed in its interim performance report that it has invested in cryptocurrency exchange-traded funds (ETFs), including products from BlackRock, amid a weaker U.S. dollar and strengthening Bitcoin. 