Jiuzi Holdings Seeks $1B in BTC Acquisition

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.

If completed, the transaction would significantly expand the company's digital asset reserves and position it more prominently within the global cryptocurrency market.

Jiuzi Holdings described the agreement as a strategic partnership with a globally recognized digital asset institution that has significant liquidity resources and experience in crypto treasury management.