Jiuzi Holdings Plans Record-Breaking $1 Billion Bitcoin Acquisition
Nasdaq-listed Jiuzi Holdings Inc. has announced plans to acquire 10,000 Bitcoin from a strategic digital asset investor in a deal valued at approximately $1 billion.
The proposed transaction would involve the transfer of 10,000 BTC to Jiuzi Holdings in exchange for equity consideration.
Jiuzi Holdings said 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 the two parties across several areas of digital asset infrastructure, including treasury optimization, cross-border settlement capabilities, and liquidity management coordination.