Jiuzi Holdings plans $1 billion cryptocurrency acquisition program

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

October 8, 2025 7:15 AM EDT

HANGZHOU, China, Oct. 8, 2025 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company") today announced the implementation details of its previously disclosed US$1 billion capital plan. The Company intends to raise funds through market investors and execute the plan via an ongoing purchase program, capped at US$1 billion.

Following the initial announcement, the Company further clarified that the capital structure will take a diversified form. Jiuzi has held extensive discussions... More