Locate Technologies’ NZX listing – can its bitcoin bet pay off?

Locate Technologies is listing on the NZX in early December. (Image: DepositPhotos)

Sat, 29 Nov 2025

New Zealand always seems a bit behind the eight ball. For instance, the idea of a “bitcoin treasury” (a la Michael Saylor’s Microstrategy – sorry! it’s just “Strategy” now) is not new. That is: you have a cash box. You put your cash in bitcoin. You have a charming nutter who goes on Bloomberg and says things like “BITCOIN NUMBER GO UP!”, and for a bunch of reasons, the net asset value of your company, which is more or less just a listed stock that holds bitcoin, actually trades at...

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