Jiuzi Holdings, Inc. Announces Phased Rollout of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase to Be Completed Within Two Weeks

Jiuzi Holdings, Inc. Announces Phased Rollout of $1 Billion Cryptocurrency Acquisition Plan; First Bitcoin Purchase to Be Completed Within Two Weeks

Jiuzi Holdings (NASDAQ: JZXN) announced a phased, capped US$1.0 billion cryptocurrency acquisition plan to be funded via a diversified mix of market financing, existing shareholder commitments, operational revenue, and institutional participation.Initial purchases, including a first Bitcoin buy, are expected to begin within two weeks. The program is intended to expand global market share, optimize capital structure, and enhance long-term shareholder value, with the company stating transactions will follow applicable laws and be disclosed in a timely, transparent manner.Jiuzi is a provider of NEV intelligent charging infrastructure focused on high-power DC fast charging and energy storage, and plans continued expansion through 2026.

Source: https://www.stocktitan.net/news/JZXN/jiuzi-holdings-inc-announces-phased-rollout-of-1-billion-i1dxz98qfxxw.html


 

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