NXTT

CHEYENNE, WY, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Board Approves US$ 35 Million R&D Budget for the Period Ending March 26, 2027, to Strengthen Technology Reserves and Accelerate Business Expansion Next Technology Holding Inc. (NASDAQ: NXTT) (the “Company”), a technology company focused on AI-powered software development and digital asset management, today announced that its Board of Directors has approved a research and development budget of US$35 million for the period commencing on September 27, 2026, and ending on March 26, 2027, to fund the development and enhancement of the Company's technology reserves and capabilities across AI-integrated SaaS platforms, the AI computing industry, and robotics-related businesses. The R&D program is designed to accelerate the Company's business expansion, strengthen its competitive positioning, and capture emerging market opportunities across three converging fronts of the artificial intelligence industry: the structural transformation of the SaaS industry toward AI-driven platforms, the exponential growth in demand for AI computing power, and the transition of robotics and embodied intelligence from technical validation to large-scale commercial deployment.

NXTT combines a small AI-SaaS business with a far larger Bitcoin treasury strategy that now drives most of the equity story. The stock has collapsed mainly due to repeated dilution. So, the stock's rapid devaluation isn't just due to weaker Bitcoin prices. However, by now, I believe this dynamic has created a potential valuation dislocation. NXTT is at a sharp discount to its cash+Bitcoin holdings.