Jiuzi Holdings Secures $60M Crypto Investment
Jiuzi Holdings, Inc. has entered into an agreement for a $60 million capital injection from multiple crypto-focused investment institutions. The investors will subscribe to 40 million ordinary shares at $1.50 per share, signaling confidence in the company's digital asset strategy.
- The investment increased by 50% from an initially planned $40 million, a change that occurred in less than two weeks, signaling strong investor confidence. - This capital injection transitions Jiuzi's "Digital Asset Treasury" (DAT) strategy from the planning stage to a scaled implementation phase, focusing on building a treasury system resilient to market cycles. - Originally an operator of retail franchises for new energy vehicles (NEVs) in China, Jiuzi Holdings has pivoted its corporate strategy to focus on digital assets and Bitcoin-centric finance. - In September 2025, the company's board approved a policy to invest up to $1 billion of its reserves into cryptocurrencies to hedge against macroeconomic uncertainty. - The company has recently announced other significant, though separate, investment agreements, including a potential $90 million from Morgan International Finance and $30 million from Xinhui Solar Technology Group for its clean energy vehicle services. - Following the announcement, Jiuzi's stock (JZXN) gained over 5%, which is in line with previous positive market reactions to the company's crypto-related news. - The company has previously announced strategic partnerships with crypto-native organizations, including the SOLV Foundation and BitFi, to utilize their Bitcoin staking and decentralized finance capabilities.
