NXTT explores Bitcoin deal with Global Nexgen under non-binding MOU

Rhea-AI Filing Summary

Next Technology Holding Inc. (NXTT) disclosed that its wholly owned subsidiary, Next Investment Group Limited, signed a non-binding Memorandum of Understanding (MOU) with Global Nexgen Limited to explore a potential strategic transaction involving Bitcoin (BTC).

The MOU expresses a non-binding intent to pursue one of two possible Bitcoin-related transactions within one year from its effective date, using a fixed price of $84,000 per BTC as the locked price for any deal structure the parties may agree on.

The parties agreed to a 90-day exclusivity period during which they will negotiate only with each other and keep discussions confidential, with the goal of signing a definitive agreement. However, the MOU is explicitly an expression of intent, and there is no assurance that the parties will reach a final agreement or complete any transaction.

Insights

Capital Markets Analyst

Non-binding BTC MOU with fixed price and exclusivity; strategic but uncertain, limited immediate impact.

Next Technology Holding Inc., through its wholly owned subsidiary **Next Investment Group Limited**, signed a non-binding Memorandum of Understanding with **Global Nexgen Limited** to explore a strategic Bitcoin-related transaction. The MOU outlines intent to complete one of two potential BTC transactions within one year, with a fixed price of $84,000 per Bitcoin. The deal itself is not yet binding, but it signals an exploration of exposure to or use of BTC at a pre-agreed reference price.

The binding parts of this MOU are the **90-day exclusivity** and confidentiality commitments. Exclusivity can limit the subsidiary from negotiating similar BTC strategic deals with other parties during this window, which may restrict optionality but can also facilitate focused negotiations. Since the MOU explicitly states there is no assurance of a final agreement or completed transaction, the current economic impact remains contingent.

Key items to watch are whether the parties sign a definitive agreement within the 90-day period starting around November 21, 2025, the exact structure of whichever of the two BTC transaction forms is selected, and how obligations are sized and secured relative to the company’s balance sheet. The fixed BTC price and one-year transaction window could meaningfully shape future risk/return only if a binding agreement follows, so the main significance now lies in the potential strategic shift rather than immediate financial change.

false 0001784970 00-0000000 0001784970 2025-11-26 2025-11-26 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): November 26, 2025

Next Technology Holding Inc.

(formerly known as “WeTrade Group Inc.”)

(Exact name of Company as specified in charter)

Wyoming		001-41450		N/A
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification Number)

Room 519, 05/F Block T3

Qianhai Premier Finance Centre Unit 2

Guiwan Area, Nanshan District, Shenzhen, China 518000.

+852-5338 4226

(Address, including zip code, and telephone number, including area code, of principal executive offices)

Wyoming Registered Agent

1621 Central Ave Cheyenne, Wyoming 82001

(Name, address, including zip code, and telephone number, including area code, of agent for service)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		NXTT		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement

On November 21, 2025, Next Investment Group Limited (the “Company Sub”), a wholly-owned subsidiary of Next Technology Holding Inc. (formerly known as WeTrade Group Inc.), a Wyoming corporation, signed a non-binding Memorandum of Understanding (the “MOU”) with Global Nexgen Limited (the “Global Nexgen”) to explore a potential strategic transaction involving Bitcoin (“BTC”).

The MOU states the Company Sub’s non-binding intent to pursue one of two potential transactions within a one-year period from the effective date of the MOU, with the price for Bitcoin fixed at $84,000 per BTC (the “Locked Price”).

1. BTC Purchase: The Company Sub may buy up to 10,000 BTC directly from Global Nexgen at the Locked Price.

2. Acquisition of Global Nexgen: The Company Sub may acquire Global Nexgen, at a total purchase price calculated by multiplying the total BTC held by Global Nexgen at closing by the Locked Price.

While the transaction itself is non-binding, the MOU requires both parties to negotiate exclusively with each other for a 90-day period and to keep the discussions confidential.

The parties intend to negotiate a definitive agreement within the 90-day exclusivity period. However, this MOU is only an expression of intent. There can be no assurance that a final agreement will be reached or that any transaction will be completed.

The foregoing description is qualified in its entirety by reference to the full text of the MOU, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number		Description
10.1		Form of Memorandum of Understanding, dated as of November 21, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Next Technology Holding Inc.
	By:	/s/ Liu Weihong
	Name:	Weihong LIU
	Title:	Chief Executive Officer

Dated: November 26, 2025

2

FAQ

What did Next Technology Holding Inc. (NXTT) announce in this Form 8-K?

Next Technology Holding Inc. reported that its subsidiary, Next Investment Group Limited, signed a non-binding Memorandum of Understanding (MOU) with Global Nexgen Limited to explore a potential strategic transaction involving Bitcoin (BTC).

What is the locked Bitcoin price in the NXTT MOU with Global Nexgen Limited?

The MOU sets a locked price of $84,000 per BTC for any potential transaction structure that the parties may agree to pursue under this framework.

How long does Next Technology Holding Inc. have to pursue the Bitcoin transaction under the MOU?

The MOU states a non-binding intent to pursue one of two potential Bitcoin-related transactions within a one-year period from the effective date of the MOU.

Is the Bitcoin MOU binding on Next Technology Holding Inc. (NXTT)?

No. The document states that the MOU is only an expression of intent and that the transaction itself is non-binding. There is no assurance that a final agreement will be reached or that any transaction will be completed.

What exclusivity terms are included in the NXTT Bitcoin MOU?

Both parties agreed to negotiate exclusively with each other for a 90-day period and to keep discussions confidential while they work toward a potential definitive agreement.

Will Next Technology Holding Inc. definitely complete a Bitcoin transaction under this MOU?

No. The company explicitly notes that, although the parties intend to negotiate a definitive agreement within the 90-day exclusivity period, there can be no assurance that they will reach a final agreement or complete any transaction.