Nasdaq Firm Jiuzi Holdings Announces $1B Bitcoin Acquisition
Nasdaq-listed Jiuzi Holdings Inc. is planning to acquire 10,000 BTC from a strategic digital asset investor in a deal valued at approximately $1 billion.
The proposed acquisition would significantly expand Jiuzi Holdings' digital asset reserves and position it more prominently within the global cryptocurrency market.
The agreement with the unnamed investor includes plans for broader collaboration across several areas of digital asset infrastructure, including digital asset treasury optimization, cross-border crypto settlement capabilities, liquidity management coordination, and ecosystem cooperation.