Nasdaq Firm Jiuzi Holdings Prepares Billion-Dollar Bitcoin Acquisition

Nasdaq-listed Jiuzi Holdings Inc. has announced plans 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.

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

Jiuzi Holdings described the investor as a globally recognized digital asset institution with significant liquidity resources and experience in crypto treasury management.