Jiuzi Holdings Reaches Strategic Agreement to Acquire 10,000 Bitcoins from a Strategic Investor

Odaily News: Nasdaq-listed company Jiuzi Holdings has disclosed that it has reached a strategic agreement. A strategic investor will transfer 10,000 Bitcoins (BTC) to the company in exchange for equity consideration valued at approximately $1 billion. Concurrently, the two parties will establish a strategic partnership to enhance cooperation within the global cryptocurrency ecosystem. This cooperation will include optimizing digital asset treasury management, cross-border cryptocurrency settlement capabilities, liquidity management collaboration, and strategic coordination at the ecosystem level. Subsequent details of the transaction will be disclosed in accordance with the reporting requirements of the U.S. Securities and Exchange Commission (SEC). (Globenewswire)