Jiuzi Holdings Receives $60M Capital Injection from Crypto Investors
Jiuzi Holdings (Nasdaq: JZXN) has entered into a Securities Purchase Agreement for a $60 million capital injection from multiple crypto investment institutions. The investors will subscribe to 40 million ordinary shares at $1.50 per share. The company stated the funding will help its Digital Asset Trading (DAT) strategy enter a scaled implementation phase.
- Before its recent pivot to a digital asset strategy, Jiuzi Holdings operated as a franchisor of retail stores selling new energy vehicles (NEVs) in third and fourth-tier cities in China. - The company's stock has been extremely volatile, with a 52-week trading range between a low of $1.03 and a high of $312.80. Over the past year, the stock has seen a decline of over 96%. - This capital injection will be made in the form of equivalent crypto assets, rather than traditional fiat currency. The total investment amount was increased by 50% from an initially planned $40 million just two weeks prior. - The investors are described as institutional capital providers that specialize in crypto treasury construction, digital asset risk management, and on-chain value discovery. - In September 2025, the company's board of directors authorized the investment of up to $1 billion of its cash reserves into cryptocurrencies, initially targeting Bitcoin, Ethereum, and BNB. - This is not the only large-scale investment the company has recently pursued; in January 2026, Jiuzi announced a separate, non-binding memorandum of understanding for a potential $90 million investment from Morgan International to support its Web3 initiatives. - The company's Digital Asset Treasury (DAT) strategy aims to create a system that combines long-term value appreciation with resilience against market cycles through systematic asset allocation and dynamic risk controls.
