Jiuzi Holdings Aims for $1B Bitcoin Haul from Strategic Investor

Nasdaq-listed Jiuzi Holdings Inc. is planning to acquire 10,000 Bitcoin (BTC) from a strategic digital asset investor in a transaction valued at approximately $1 billion.

The proposed deal would involve the transfer of 10,000 BTC to Jiuzi Holdings in exchange for equity consideration, marking one of the largest corporate Bitcoin treasury expansions by a publicly traded company this year.

Jiuzi Holdings stated that the planned acquisition is intended to strengthen its balance sheet and provide greater financial flexibility as the company expands its digital asset strategy.

The agreement outlines plans for broader collaboration between Jiuzi Holdings and the investor across several areas of digital asset infrastructure, including digital asset treasury optimization and cross-border crypto settlement capabilities.