Nasdaq Firm Jiuzi Holdings Targets $1B Bitcoin Treasury Expansion
Nasdaq-listed Jiuzi Holdings Inc. is planning to acquire 10,000 Bitcoin (BTC) from a strategic digital asset investor for approximately $1 billion.
The transaction, which would significantly expand the company's digital asset reserves and position it more prominently within the global cryptocurrency market, remains subject to final agreements, regulatory compliance, and customary closing conditions.
Jiuzi Holdings described the planned Bitcoin acquisition as a treasury allocation move designed to deepen its role in the global digital asset landscape. The company added that securing a large-scale Bitcoin reserve could improve resilience across market cycles while supporting long-term shareholder value through a structured treasury management approach.