Close Menu
    Kuwaiti MediaKuwaiti Media
    • Home
    • Contact Us
    • Automotive
    • Business
    • Entertainment
    • Health
    • Luxury
    • Lifestyle
    • News
    • Sports
    • Technology
    • Travel
    Kuwaiti MediaKuwaiti Media
    Home » JZXN Announces Major Strategic Move: Acquisition of 1,000 Bitcoins Over the Next Year
    PR Newswire

    JZXN Announces Major Strategic Move: Acquisition of 1,000 Bitcoins Over the Next Year

    May 22, 2025
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    HANGZHOU, China, May 22, 2025 /PRNewswire/ — Jiuzi Holdings, Inc. (NASDAQ: JZXN; the “Company”) announces that its Board of Directors has formally approved a major strategic decision: the Company plans to complete a dual-track, parallel acquisition of 1,000 Bitcoins over the next year through a combination of additional stock issuance and cash purchases. Bitcoin acquisitions in the next year through a dual-track, parallel process of additional stock issuance and cash purchases. This move marks JZXN’s in-depth layout in the field of digital currencies, further demonstrating the company’s firm confidence in blockchain technology and its application prospects.

    The acquisition plan is a strategic choice made by JZXN after thorough consideration and comprehensive evaluation. Bitcoin, as the world’s leading cryptocurrency, is not only highly liquid and recognized in the market, but has also demonstrated strong value-added potential in recent years, and JZXN believes that the inclusion of Bitcoin in the Company’s asset portfolio not only diversifies the investment risk effectively, but also brings the Company potential long-term benefits.

    In order to ensure the smooth implementation of the acquisition program, JZXN will adopt a combination of additional stock issuance and cash purchase. On the one hand, the company will start the process of issuing additional shares in due course to raise part of the acquisition funds; on the other hand, the company will also utilize its own funds and possible external financing to jointly complete the remaining part of the bitcoin acquisition. This strategy reflects the company’s respect and protection of shareholders’ interests and ensures the adequacy of funding for the acquisition.

    “We are well aware of the volatility and uncertainty of the Bitcoin market, but it is based on a deep understanding of blockchain technology and a long-term bullish belief that we decided to take this step,” said JZXN’s CEO. “Through this acquisition, we will further enrich our company’s asset structure and enhance our risk resistance and profitability. At the same time, we will also continue to focus on and explore the application of blockchain technology in other fields with a view to creating more value for the Company.”

    For more information, please contact:
    Iris He
    iris@jzxn.com

    Cision View original content:https://www.prnewswire.co.uk/news-releases/jzxn-announces-major-strategic-move-acquisition-of-1-000-bitcoins-over-the-next-year-302463132.html


    Related Posts

    Building the AI-First Gulf: How GCC Enterprises Are Entering the Next Digital Era

    June 13, 2026

    LG Elevates the Big Game Experience with Ultimate Match Watching Bundle Offer

    June 12, 2026

    Hisense Celebrates FIFA World Cup 2026TM Kickoff with RGB MiniLED Innovation

    June 12, 2026

    LG Electronics Launches DUALCOOL™ AI in the GCC, Redefining Home Comfort with Smart Technology and Cleaner Air

    June 12, 2026

    Global Leadership Driven by Technology: DongCheng awarded the No. 1 position in global angle grinder sales for three consecutive years (2022-2024)

    June 12, 2026

    AU Small Finance Bank raises FCNR Deposit Rates to 7.10%*, Strengthens End-to-End NRI Banking Proposition

    June 12, 2026
    Latest News

    South Korea tops Czechia 2-1 in FIFA World Cup Group A

    June 12, 2026

    UAE and US discuss UN cooperation in Abu Dhabi

    June 11, 2026

    KSQF UNICEF project helps children leave Congo mines

    June 11, 2026

    Kuwait flights resume after brief airspace closure

    June 11, 2026

    Samsung leads global chip investment with US$59.2B spend

    June 10, 2026

    DR Congo Ebola cases rise to 598 as deaths reach 115

    June 10, 2026

    FAO backs $3.9bn GEF-9 funding for food security

    June 8, 2026

    Egypt GDP rises 5.2% as foreign reserves climb

    June 8, 2026
    © 2026 Kuwaiti Media | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.