Jiuzi Holdings Secures $60M Crypto Investment
Jiuzi Holdings, Inc. announced a definitive 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. The final amount represents a 50% increase over the originally planned investment.
- Jiuzi Holdings was originally established as a dealership group for New Energy Vehicles (NEVs) in China, operating retail stores under the "Jiuzi" brand primarily in third- and fourth-tier cities. - The company recently pivoted its strategy, announcing in late 2025 a "Crypto Asset Investment Policy" that authorized the deployment of up to $1 billion of its reserves into digital assets. - This $60 million investment is designated for the company's Digital Asset Treasury (DAT) strategy, which focuses on building a treasury system with long-term growth potential and resilience through systematic asset allocation and dynamic risk control. - The investment will be paid in the form of equivalent crypto assets, and the deal allows for payment in either traditional fiat currency or cryptocurrencies. - The capital injection process was rapid, escalating from an initial interest of $40 million to the final $60 million agreement in under two weeks. - This funding follows other recent financial activities, including an announced $30 million investment from Xinhui Solar Technology Group to expand EV charging infrastructure into Southeast Asia. - The company's stock (NASDAQ: JZXN) has seen significant volatility over the past year, with a 52-week trading range between a low of $1.03 and a high of $312.80.
