Material Agreement - Form 8-K

Item 1.01 Entry into a Material Definitive Agreement.

On May 2, 2024, Next Technology Holding Inc. (formerly known as WeTrade Group Inc.), a Wyoming corporation ("Company"), entered into an Amendment Agreement("Amendment") to a BTC Trading Contract. This Amendment pertains to the original BTC Trading Contract dated September 25, 2023 ("Original Agreement"), which was previously disclosed in an 8-K filed on September 28, 2023. The Original Agreement enabled the Company, as Buyer, to purchase 6000 bitcoins ("BTC") at an exercise price of US$30,000 per BT Cover a 12-month period from a specified seller ("Seller"). As of the signing date of the Amendment, the Company had purchased 833 BTC from the Seller and elected to further exercise the option for an additional 5000 BTC at the same exercise price. The consideration for these additional BTC amounts to US$150,000,000. Under the terms of the Amendment, it was agreed that the consideration shall be satisfied by the Company transferring 40,000,000 shares of its common stock and issuing 80,000,000 warrant shares to the Seller.

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

On May 2, 2024, the Company entered into a Bitcoin Option Contract ("Contract") with certain seller. Under this Contract, the seller agrees to sell and the Company agrees to purchase up to 20,000 bitcoins ("BTC") at a fixed price of US$60,000 per BTC, locked for a three-year period. The Contract allows the Company to exercise the option to purchase these bitcoins at any time within the validity period, in one or multiple batches as agreed upon by both parties. The Contract specifies that payments for bitcoins may be made in cash or common stock at the Company's discretion, with the possibility of a 10% advance payment in cash if agreed upon by both parties.

This significant commitment to purchasing bitcoins at a fixed price over an extended period is designed to support the Company's strategic investments in digital assets. The foregoing description of the Bitcoin Option Contract does not purport to be complete and is qualified in its entirety by the full text of the Contract, which is filed as Exhibit 10.2 to this Current Report on Form 8-K and is incorporated herein by reference.