Nasdaq Firm Jiuzi Holdings Plans $1B Bitcoin Acquisition From 'Strategic Investor'

Nasdaq-listed Jiuzi Holdings Inc. on Wednesday said it plans to acquire 10,000 Bitcoin (BTC) from a strategic digital asset investor in a transaction valued at approximately $1 billion, marking one of the largest proposed corporate Bitcoin treasury expansions by a publicly traded company this year.

The company disclosed that the proposed deal would involve the transfer of 10,000 BTC to Jiuzi Holdings in exchange for equity consideration.

If completed, the transaction would significantly expand the company’s digital asset reserves and position it more prominently within the global cryptocurrency market.

The agreement is structured as part of a broader strategic partnership between Jiuzi Holdings and the unnamed investor, which the company described as a globally recognized digital asset institution with significant liquidity resources and experience in crypto treasury management.

The transaction remains subject to final agreements, regulatory compliance and customary closing conditions.

Bitcoin Acquisition Anchors Corporate Treasury Strategy

Jiuzi Holdings said the planned Bitcoin acquisition is intended to strengthen its balance sheet and provide greater financial flexibility as the company expands its digital asset strategy.