Jiuzi Holdings Aims to Acquire $1 Billion Worth of Bitcoin in Strategic Expansion

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

The proposed transaction will involve transferring the 10,000 BTC to Jiuzi Holdings in exchange for equity consideration, significantly expanding the company's digital asset reserves and positioning it more prominently within the global cryptocurrency market.

The agreement is part of a broader strategic partnership between Jiuzi Holdings and the unnamed investor, described as a globally recognized digital asset institution with significant liquidity resources and experience in crypto treasury management.